Page Industries has registered a growth of 33 per cent in sales for the quarter ended March 2015 over the corresponding quarter of the previous year. Sales touched Rs. 371.96 crores in the quarter, and the net profit was Rs. 47.11 crores, a growth of 34 per cent.
For 2014-15, Page Industries recorded sales of Rs. 1,513.97 crores, registering a growth of 29 per cent over the previous year. Net profit for the year stood at Rs. 196.02 crores, representing a growth of 28 per cent. The company inaugurated its 193rd exclusive brand outlet during the quarter. Each of these stores has received overwhelming response from customers.
The fourth quarter has taken the Speedo brand to 986 plus stores, including large format stores across 74 cities and eight Speedo exclusive brand outlets located in Delhi, Gurgaon, Mumbai, Bangalore, Chennai and Pune. The performance so far has been extremely satisfactory.
Jockey products are retailed through 193 exclusive brand outlets and 30,000 + retail stores in 1,200 cities and towns across India.
As in the case of the UAE, Page Industries’ sales in Sri Lanka have also grown considerably. This led to the launch of the first exclusive brand outlet in Colombo which has shown immense growth potential in the first three months of its operation.