Page Industries net profit up 27.80 percent in Q3

Page Industries, the exclusive licensees of Jockey

International (USA) in India, has posted net profits of Rs 254.208 million for the quarter ended December 31, 2012 as compared to Rs 198.912 million for same quarter last year, an increase of 27.80 percent. Total income was at Rs 2161.733 million for the quarter ended December 31, 2012 whereas it was at Rs 1,720.866 million for same quarter last year, an increase of 25.62 percent.

The company has reported an EPS of Rs 22.79 for this quarter as compared to Rs 17.83 for the quarter ended December 31, 2011. And has posted net profits of Rs 889.370 million for the nine months period ended December 31, 2012 compared to Rs 729.358 million for the nine months period last, representing an increase of 21.94 percent.

Total income was at Rs 8,544.034 million an increase of 61.48 percent over the same period last year. Page Industries, located in Bangalore, is the exclusive licensees of Jockey International (USA) for manufacture and distribution of the Jockey brand innerwear/leisurewear for men and women in India, Sri Lanka, Bangladesh, Nepal and UAE. Page Industries is also the exclusive licensee of Speedo International for the manufacture, marketing and distribution of the Speedo brand in India.