The exclusive licensee of JOCKEY International Inc. (USA), Page Industries Limited has set Feb 13, 2025, as the record date for its interim dividend for FY25. On February 05, 2025, Page Industries declared an interim dividend of ₹150. The company further stated that the interim dividend be paid on March 07, 2025.
As Page Industries has set Feb 13 as the record date for its interim dividend, meaning that Feb 12, marks the last to buy Page Industries shares to become eligible for the interim dividend. Further, any shares bought on or after Feb 13 (record date), won’t be eligible for the interim dividend.
Commenting on the results, Mr. V.S. Ganesh, Managing Director, Page Industries Limited said, “I am thrilled to announce that we have achieved strong profit growth, driven by consistent revenue increases and meticulous control over operating expenses. Our unwavering commitment to investing in top talent, product innovation, and digital transformation is propelling us towards our strategic goals. We are perfectly positioned to seize promising future growth opportunities, with modern retail and e-commerce continuing to serve as powerful growth engines. Our focus on these areas not only strengthens our overall market position but also ensures we remain at the forefront of industry advancements.”
The Indian apparel retail sector is currently facing short-term challenges due to weakened consumer sentiment. However, the long-term growth outlook remains strong, driven by economic growth, urbanization, and increasing disposable incomes. Athleisure and innerwear are expected to be key growth drivers, supported by the expansion of organized retail and e-commerce.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 12, 2025, 8:56 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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