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Page Industries reports 22% growth in Q2 net profit

10 Nov 2014 Evaluate

Page Industries has reported results for second quarter ended September 30, 2014.

The company has posted a rise of 21.94% in its net profit at Rs 49.9 crore for the quarter ended September 30, 2014 as compared to Rs 40.92 crore for the same quarter in the previous year. Total income has increased by 38.23% at Rs 403.2 crore for quarter under review as compared to Rs 291.68 crore for the quarter ended September 30, 2013.

Page Industries has been engaged in the business of manufacturing garments. The company is located in Bangalore and is the exclusive licensee of Jockey International Inc (USA) for manufacture and distribution of the Jockey brand innerwear/ leisurewear for men and women in India, Sri Lanka, Bangladesh, and Nepal.

Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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