Page Industries Q2 results show flat profit, stock declines
after close1 source ↓written by the desknot a recommendation
- ₹1,291 cr
- ₹279.6 cr
- Despite
- 2.5% increase in sales volumes
Shares of Page Industries fell after the company reported net profit ₹195 cr, unchanged from last year. Revenue rose 3.6% to ₹1,291 cr, while EBITDA declined 0.7% to ₹279.6 cr. The EBITDA margin narrowed to 21.6%. Despite a 2.5% increase in sales volumes, the market reacted negatively to the subdued performance.
Not investment advice. For informational purposes only.