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

27 May 2022 , 11:55 AM

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.