March 27, 2023

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Page Industries net profit increases 13.6% to Rs 174.6 crore in Q3 FY22, Retail News, ET Retail

Page Industries net profit increases 13.6% to Rs 174.6 crore in Q3 FY22New Delhi: Web site Industries, the exclusive licensee of Jockey International on Thursday described 13.58 for each cent raise in yr-on-12 months(y-o-y) net revenue to Rs 174.6 crore for the 3rd quarter finished in December 2021 as in contrast to a internet income of Rs 153.70 crore during the October-December period of time in the previous calendar year, the company reported in a regulatory filing.

In the BSE submitting, the corporation reported its income from functions enhanced 28.34 for each cent to Rs 1,189.80 crore throughout the quarter as in comparison to Rs 927.06 crore in the corresponding time period in preceding fiscal.

Sunder Genomal, managing director of the company commented on the outcomes, “As we announce but another very best quarter with our maximum-at any time profits and PAT, I am pleased to share that the gross sales momentum has picked up appreciably across all our products groups backed by expansion in our portfolio and current community.”

He additional, ” We are poised on a growth trajectory and remain optimistic about providing sustainable development around the long time period.”

Web site Industries e-commerce continues to witness an rising development and investments in warehousing, know-how and logistics help assisted not only in strong execution but also in providing profitable growth.