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Page Industries reports 8% rise in Q1 net profit

11 Aug 2016 Evaluate

Page Industries has reported results for first quarter ended June 30, 2016.

The company has registered 8.49 % jump in its net profit at Rs 67.94 crore for the quarter as compared to Rs 62.63 crore for the same quarter in the previous year. Total income of the company increased by 27.21 % at Rs 578.33 crore for quarter under review as compared to Rs 454.63 crore for the quarter ended June 30, 2015.

Page Industries is 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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