Rs 150 dividend announced by Page Industries; Jockey maker’s Q2 profit rises 4% YoY – Check quarterly earnings – Markets


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Rs 150 dividend announced by Jockey maker Page Industries; Q2 profit rises 4% YoY

Page Industries Dividend 2026: Page Industries, the maker of Jockey innerwear in India, has declared a second interim dividend of Rs 150 per equity share for the financial year 2026-27 (FY27). The company has fixed November 18, 2026, as the record date, while the dividend will be paid on or before December 11, 2026.

According to its exchange filing dated November 12, the company had earlier declared its first interim dividend of Rs 200 per share on August 13. With the latest announcement, the total interim dividend declared so far in FY27 stands at Rs 350 per share.

Page Industries Q2 Results FY27

Page Industries reported a 4 per cent year-on-year rise in net profit to Rs 202.54 crore for the quarter ended September 30, 2026, compared with Rs 194.76 crore in the corresponding period last year.

Revenue from operations increased 11.5 per cent to Rs 1,439.61 crore from Rs 1,290.86 crore in the year-ago quarter.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 7.5 per cent to approximately Rs 301 crore from Rs 280 crore a year earlier.

However, EBITDA margin narrowed by 80 basis points to 20.9 per cent from 21.7 per cent in the corresponding quarter last year.

The company’s earnings per share increased to Rs 181.59 from Rs 174.62 in Q2 FY26.

Page Industries discloses FEMA-related non-compliance

In its financial results, Page Industries disclosed that certain e-commerce retail trading activities involving Jockey and Speedo branded products, including imported products, were not in accordance with the retail trading provisions of the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019.

The company had applied to the Reserve Bank of India (RBI) for compounding on May 20, 2026. However, the central bank returned the application on October 16, advising the company to first obtain post-facto approval from the Government of India.

Page Industries said it is working to obtain the necessary approval and plans to reapply for compounding thereafter. The company expects any financial impact to be immaterial and has not made an adjustment to its financial results.



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