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Page Industries Q1FY18 PAT increases 28 per cent sequentially

Page Industries reported its results for the quarter ended June 30, 2017 on Thursday.

The company's total sales for Q1FY18, came in at Rs. 696.9 crore, which represents a 39.5 per cent sequential increase and 22.4 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs. 129.8 crore and its EBIT margin stood at 18.6 per cent.

The company reported PAT of Rs. 85.3 crore, which represents a sequential QoQ increase of 27.7 per cent and a YoY increase of 25.5 per cent.

Page Industries Limited is engaged in the business of manufacturing and trading of garments. It is having the licensee of Jockey International and Speedo in India and Sri Lanka

The stock today opened at Rs. 16,679 and touched an intra-day high and low of Rs. 17,169.85 and Rs. 16,050 , respectively, on the BSE.

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