Page Industries declared a ₹150-per-share interim dividend for FY2026-27 as quarterly revenue climbed 11.5%, offering investors a read on demand at India’s exclusive licensee of JOCKEY.
The board approved the distribution on Nov. 12. The company set Nov. 18 as the record date, with payment due by Dec. 11.
For the quarter ended Sept. 30, revenue reached ₹14,396 million and profit after tax was ₹2,025 million, increases of 11.5% and 4%, respectively, from a year earlier. Page Industries sold 59.7 million pieces, 5.5% more than in the year-earlier quarter. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 7.4% to ₹3,001 million.
The EBITDA margin was 20.8%, down from 21.7% a year earlier. Managing Director V.S. Ganesh said raw-material costs remained elevated, but profitability was “within our planned range.” The results were unaudited and came with an auditor’s limited review report.
Page Industries has declared ₹350 per share in interim dividends for FY2026-27 so far: ₹200 in August and ₹150 in November. Company filings show ₹550 per share in FY2025-26, paid in four interim distributions of ₹150, ₹125, ₹125 and ₹150; its FY2024-25 annual report lists ₹900 per share.
A separate filing disclosure concerns online sales of imported Jockey and Speedo products without physical stores. Page Industries said the retail trading of imported products of multiple brands through e-commerce without physical stores did not comply with the retail-trading provisions of the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019. The company said the Reserve Bank of India (RBI) returned its application to compound the matter on Oct. 16 and advised it to obtain post-facto government approval before reapplying. Page Industries said any financial impact, if one arises, is not expected to be material. The company plans to reapply after securing approval; dividend payment is due by Dec. 11.
