Page Industries Limited, the exclusive licensee of Jockey and Speedo in India, has reported a robust 51.6% year-on-year growth in profit after tax (PAT) for the fourth quarter of FY25. The company’s PAT stood at Rs 1,640 million, driven by strong volume growth and operational efficiencies.
Revenue for Q4 grew 10.6% year-on-year to Rs 10,981 million, supported by an 8.5% increase in sales volumes to 49.2 million pieces. EBITDA rose 43.2% to Rs 2,352 million during the same period.
For the full financial year FY25, Page Industries posted a revenue of Rs 49,349 million, marking an 8% growth over the previous year. Full-year PAT stood at Rs 7,291 million, up 28.1% year-on-year, while EBITDA rose 23.6% to Rs 10,626 million.
V.S. Ganesh, Managing Director, Page Industries Limited said, “I am delighted to share that our sharp focus on supply chain efficiency, product innovation, cost optimisation and consumer experience across all touch points have resulted in 51.6% PAT growth in the quarter and an annual PAT growth of 28.1%”
The company remains optimistic about long-term growth in the innerwear and athleisure segments, citing rising urbanisation, increasing disposable incomes, and a shift towards functional and sustainable products among younger consumers. However, it acknowledged near-term challenges due to geopolitical uncertainties in western India.
Page Industries distributes the Jockey brand across 2,713 cities and towns, with a presence in over 1.1 lakh multi-brand outlets and 1,453 exclusive brand stores. Its Speedo brand is available in 1,096 stores and 36 exclusive outlets across 150+ cities.