Interim report
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PAGE INDUSTRIES LIMITED For Immediate Release Solid quarter with record growth in Revenues and PAT with increasing market presence Bengaluru , India - 11th November 2021 : Page Industries , India's leading apparel manufacturer , announced its financial results for the quarter and half year ended 30th September 2021 today . Financial Highlights for Q2FY22 Revenue at Rs . 10,840 million , up 46.4 % YoY EBITDA margin at 21.5 % , at par with 22.3 % during the same period last year Reported Profit After Tax at Rs . 1,605 million ; up 45 % YoY . PAT margin at 14.8 % Cash and cash equivalents at Rs . 5,333 million , up 33 % YoY . Liquidity continues to remain strong with robust cash flow management Financial Highlights for H1FY22 Revenue at Rs . 15,855 million , up 55 % YoY . Sales momentum has picked significantly during the second half of FY22 EBITDA margin at 16.9 % , mainly due to lower margins in Q1FY22 • Reported Profit After Tax at Rs . 1,714 million ; up 140 % YoY . PAT margin at 10.8 % Commenting on the results , Managing Director , Mr. Sunder Genomal said , " As we announce our highest - ever revenue and PAT this quarter , we remain confident to deliver on the long - term growth prospects of the company . I am pleased to share that the sales momentum has picked up significantly after the setbacks of the global pandemic . We saw increased momentum in sales across all our product categories backed by expansion in our portfolio and existing network . We are well poised and remain optimistic on delivering sustainable growth in the foreseeable future . E - commerce continues to witness an increasing trend and our investments in warehousing , technology and logistics support helped not only in strong execution but also on delivering on profitable growth . With a strong and proven business model , wide product portfolio , efficient financial management and a very loyal customer base , we remain committed to continue creating value for our stakeholders . " Page Industries Limited Registered Office : Cessna Business Park , Tower - 1 , 7th Floor , Umiya Business Bay , Varthur Hobli , Outer Ring Road , Bengaluru , 560103 Tel : 080 - 4945 4545 | CIN : L18101KA1994PLC016554 1