The company had posted a net profit of Rs 162.12 crore during the July-September period a year ago, according to a filing from Page Industries Ltd (PIL). Its revenue from operations was down 8.39 per cent to Rs 1,125.13 crore in the second quarter of this fiscal, in comparison to Rs 1,228.20 crore in the corresponding period a year ago. Get more Companies News and Business News on Zee Business.
Get latest articles and stories on Latest News at LatestLY. Apparel manufacturer Page Industries Ltd on Thursday reported a marginal increase in its net profit at Rs 162.12 crore in the second quarter ended September 2022. Latest News | Page Industries Profit Marginally Up to Rs 162 Crore; Revenue at Rs 1,255 Crore in July-September.
Page Industries announces temporary suspension of operations in Karnataka
April 29, 2021
While Gokaldas Exports to operate with 50% workforce during lockdown period
Page Industries Limited, an exclusive licensee of Jockey International Inc (USA), has announced temporary suspension of its manufacturing operations in Karnataka.
The company in a regulatory filing to exchanges, said: “Considering the seriousness of the current Covid situation in India, especially in Karnataka, the company is temporarily suspending the manufacturing and operations except warehouse, elastics and raw material stores in Karnataka, with effect from April 30, 2021.”
Warehouses, elastics, raw material stores and other required departments including support functions are to operate with a minimum required number of employees by strictly following the Covid guidelines. The company said it has advised its employees not to travel and stay at home safely.