Page Industries reported a net profit to Rs 115.6 crore in Q4 FY21, steeply higher than Rs 31 crore in Q4 FY20.
Revenue increased 63% year-on-year (YoY) to Rs 880.8 crore during the quarter. EBITDA surged 192% to Rs 169.8 crore in Q4 FY21 from Rs 58.1 crore in Q4 FY20. EBITDA margin was at 19% as on 31 March 2021 compared with 11% as on 31 March 2020.
Profit before tax in the fourth quarter stood at Rs 152.6 crore as against Rs 43.2 crore in the same period last year.
The appareal maker recorded 1% drop in net profit to Rs 340.6 crore on 4% decline in revenue to Rs 2,833 crore in the year ended 31 March 2021 over the year ended 31 March 2020.
Read more about Page Industries Q4 net profit rises about 4-folds to Rs 115.56 cr on Business Standard. Apparel manufacturer Page Industries Ltd (PIL) on Thursday reported nearly four-fold jump in its net profit at Rs 115.56 crore for the fourth quarter ended March 2021.The company had posted a net profit of Rs 31.02 crore during the January-March
Page Industries Q4 results: Net profit rises about 4-folds to Rs 116 crore
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Last Updated: May 27, 2021, 10:05 PM IST
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Synopsis
Revenue from operations rose 62.72 per cent to Rs 880.76 crore during the quarter under review as against Rs 541.28 crore in the corresponding period of the previous fiscal.
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Commenting on the results, PIL Managing Director Sunder Genomal said the company has witnessed a strong demand pick-up across all its product categories.
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NEW DELHI: Apparel manufacturer
Page Industries Ltd (PIL) on Thursday reported nearly four-fold jump in its net profit at Rs 115.56 crore for the fourth quarter ended March 2021.
Results: Page Industries Q4 net profit rises about 4-folds to Rs 115.56 crore
Results: Page Industries Q4 net profit rises about 4-folds to Rs 115.56 crore
Apparel manufacturer Page Industries Ltd (PIL) on Thursday reported nearly four-fold jump in its net profit at Rs 115.56 crore for the fourth quarter ended March 2021.
The company had posted a net profit of Rs 31.02 crore during the January-March period a year ago, PIL said in a BSE filing.
Revenue from operations rose 62.72 per cent to Rs 880.76 crore during the quarter under review as against Rs 541.28 crore in the corresponding period of the previous fiscal.
Commenting on the results, PIL Managing Director Sunder Genomal said the company has witnessed a strong demand pick-up across all its product categories.
: Friday, May 28, 2021, 12:50 AM IST
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