Page Industries Q2 FY26 Revenue Up 3.6%, Focus on Efficiency Drives Margins

Page Industries reported a 3.6% increase in revenue for Q2 FY26, reaching Rs. 12,909 million. Despite a slight decline in EBITDA, operational efficiencies and cost optimization efforts led to strong operating margins. The company launched a new product line with bonded technology. They anticipate improved consumption trends in the coming months, supported by GST 2.0 and reduced lending rates.

Q2 FY26 Financial Highlights

Page Industries announced its Q2 FY26 results, showcasing moderate growth and a focus on maintaining profitability:

• Revenue:Rs. 12,909 million, a 3.6% YoY increase
• Sales Volume: Growth of 2.5% YoY, totaling 56.6 million pieces
• EBITDA:Rs. 2,795 million, a decline of 0.7% YoY
• Profit After Tax (PAT):Rs. 1,948 million, a decrease of 0.3% YoY

H1 FY26 Performance

The company also reported its financial performance for the first half of FY26:

• Revenue:Rs. 26,704 million, an increase of 3.3% YoY
• Sales Volume: Increase of 2.23% YoY, amounting to 115.2 million pieces
• EBITDA:Rs. 5,742 million, up by 9.4% YoY
• PAT:Rs. 3,956 million, reflecting a growth of 9.7% YoY

Strategic Initiatives and Outlook

Page Industries is focused on operational efficiency, cost optimization, and strategic investments. Mr. V.S. Ganesh, Managing Director, highlighted the company’s focus on innovation and distribution expansion, positioning it to capitalize on improving demand.

New Product Launch

In September 2025, Page Industries launched a new product line featuring bonded technology in men’s innerwear and bras. Early consumer response has been encouraging.

Market Coverage and Expansion

Page Industries has a strong market presence across multiple channels:

• Multi-Brand Outlets: Available in 1,10,636 outlets across 2,725 cities and towns.
• Exclusive Brand Stores: 1,527 stores.

Sustainability and Future Growth

Page Industries emphasizes sustainable practices and is committed to responsible business operations. Growth is expected to be fueled by strategic initiatives centered on consumer needs, including product innovation and increased market penetration.

Source: BSE