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Page Industries climbs over 5% on posting robust Q4 & FY growth numbers; PAT jumps ~57% yoy at Rs536.50 crore

EBITDA margin at 24%, compares favorably with 19.3% yoy and 21.1 % QoQ, with better-operating efficiencies.

May 27, 2022 11:55 IST | India Infoline News Service
Page Industries Limited (Jockey) announced its results for the quarter and financial year ended March 31, 2022.

Company reported revenue of Rs1,111.10 crore for Q4FY22, up by 26.2% yoy against the previous close. Revenue for FY22 stood at Rs3,886.50 crore, registering a growth of 37.2% yoy against the previous year. Sales momentum has picked up significantly on the back of substantial growth in volumes.

EBITDA margin at 24%, compares favorably with 19.3% yoy and 21.1% QoQ, with better-operating efficiencies.

It reported a Profit After Tax of Rs190.50 crore during Q4FY22, clocking a growth of 64.90% yoy against the same quarter previous year. For FY22, PAT was reported at Rs536.50 crore, up by 57.5% yoy against the previous year.

PAT margin for Q4FY22 was achieved at 17.1%, compares with 13.1% yoy and 14.7% QoQ. For FY22, PAT margin stood at 13.8% compared with 12% yoy.

Page Industries is currently trading at Rs43,878.30 up by Rs2213.15 or 5.31% from its previous closing of Rs41,665.15 on the BSE. The scrip opened at Rs43,031.60 and has touched intraday high and low of Rs45,175.90 and Rs43,031.60 respectively.

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