Page Industries shares fall over 2% in Wednesday's session

Disclaimer This is an AI-assisted live blog with updates from multiple sources Disclaimer

Shares of Page Industries declined by over 2 percent to Rs 48,010.00 in Wednesday's trading session. The stock's movement reflected a notable shift in investor sentiment, with the decline placing it among the significant losers on the Nifty Midcap 150 index in the afternoon.

Financial Performance:

Page Industries has demonstrated consistent financial performance over the past five years. Here’s a summary of the company’s key financial figures (Standalone):

The table illustrates the company's financial performance on a standalone basis. Sales for the year ending March 2025 stood at Rs 4,934 Crore, up from Rs 4,581 Crore in March 2024, representing an increase of 7.7%. The net profit for the same period was Rs 729 Crore, compared to Rs 569 Crore in the previous year, marking a 28.12% increase.

Quarterly Performance:

The company's recent quarterly financial highlights are as follows (Standalone):

The quarterly data reveals that sales for March 2025 were Rs 1,098 Crore, while in March 2024 the sales were Rs 995 Crore. Net profit for the quarter ending March 2025 was Rs 164 Crore compared to Rs 108 Crore for the quarter ending March 2024.

Cash Flow:

The cash flow data is as follows:

Balance Sheet:

The balance sheet data is as follows:

Financial Ratios:

Key financial ratios for Page Industries are as follows:

Corporate Actions:

Page Industries' board will consider the 1st Interim Dividend for the financial year 2025-26 in a meeting scheduled for August 7, 2025. The record date for the dividend is August 13, 2025.

The board will also consider and approve the unaudited financial results for the first quarter ended June 30, 2025, during the same meeting.

In the past, the company has announced several interim dividends. On April 21, 2025, an interim dividend of Rs 200 per share (2000%) was announced, with an effective date of May 21, 2025. Earlier, on January 8, 2025, a third interim dividend of Rs 150 per share (1500%) was announced, effective February 13, 2025.

The stock's movement reflected a notable shift in investor sentiment, with the decline placing it among the significant losers on the Nifty Midcap 150 index.