Page Industries Ltd. - Q2 FY26 Financial Results & Dividend Announcement

Page Industries Ltd. has reported its financial results for the second quarter ending September 30, 2025. The company delivered a subdued operating performance, marked by flat net profitability and margin contraction, despite moderate revenue growth. In response to the results, the company's shares declined from their intraday highs. Key Financial Highlights (Q2 FY26 vs. Q2 FY25) Net Profit: Remained flat year-over-year (YoY) at ₹195 crore. Revenue from Operations: Grew by 3.6% YoY to ₹1,291 crore, up from ₹1,246.3 crore. EBITDA: Saw a marginal decline of 0.7% YoY to ₹279.6 crore. EBITDA Margin: Contracted by 100 basis points (bps) to 21.6%, down from 22.6% in the corresponding quarter last year. Operational Performance & Management Outlook Sales Volume: The company registered a 2.5% YoY growth in sales volume, reaching 56.6 million pieces for the quarter. Management Commentary: Management characterized the quarterly revenue growth as "moderate." However, the company emphasized its strong leadership position in the modern retail sector and stated it is "well positioned to capitalize on the improvement in demand in the coming months." Product Innovation: The company noted that the "early response to [its] innovative product line of bonded tech has been very encouraging." Shareholder Value: Interim Dividend Declared The Board of Directors has approved a second interim dividend of ₹125 per equity share for the financial year 2025-26. Record Date: November 19, 2025. Payment Date: The dividend will be paid to eligible shareholders on or before December 12, 2025. This follows the first interim dividend of ₹150 per share declared earlier in the year.