Page Industries Q1 FY27: ₹200 dividend, profit down

Key takeaway for shareholders

Page Industries Ltd. announced its first-quarter earnings for FY27 on August 13, 2026, and declared a first interim dividend of ₹200 per equity share. The dividend decision, disclosed through an exchange filing, sets a clear near-term trigger for shareholders tracking corporate actions and payout timelines. The quarter also showed a familiar pattern for consumer-facing companies: sales grew, but profitability indicators softened.

The company is an apparel manufacturer and the licensee of Jockey and Speedo in India. In Q1 FY27 (quarter ended June 30, 2026), Page Industries reported higher revenue year-on-year, while net profit declined modestly compared with the same quarter last year.

Dividend announced: ₹200 per share

In its exchange filing, Page Industries said its Board of Directors, in a meeting held on August 13, 2026, declared the “1st Interim Dividend 2026-27 of ₹200 per equity share.” The announcement is effectively described as a 2000 percent dividend in some market summaries, reflecting dividend percentage conventions used in certain disclosures.

For investors, the more practical figure is the dividend amount per share and the dates that determine eligibility and payment. Page Industries fixed August 19, 2026 as the record date to identify eligible shareholders. The company also stated the interim dividend will be paid on or before September 11, 2026.

Q1 FY27 results: profit slips, revenue rises

Page Industries reported net profit of ₹193 crore for the quarter ended June 2026. The year-on-year comparison in the provided data shows net profit at about ₹200-₹201 crore in the corresponding quarter last year, indicating a decline of roughly 3.5%-4%.

Revenue from operations increased to ₹1,420 crore from ₹1,317 crore, a 7.8% year-on-year rise. Operating performance was softer: EBITDA was reported at ₹289 crore versus about ₹295-₹296 crore in the year-ago period, while EBITDA margin contracted to around 20.3%-20.4% from about 22.4%-22.5%.

Financial snapshot table

What the margin contraction signals

The quarter’s headline is the divergence between revenue growth and operating margin. Despite higher sales, EBITDA and margin fell year-on-year, indicating pressure on profitability. The data points to a margin decline of a little over 200 basis points (from roughly 22.4%-22.5% to around 20.3%-20.4%).

While the article data does not attribute the change to specific cost lines, the margin movement itself is an important output metric investors track for consumer brands. In such cases, the focus often shifts to whether profitability normalises in subsequent quarters or remains under pressure.

Key dates: record date and dividend payment timeline

The dividend timetable is straightforward. Eligibility is based on holdings as of the record date, and the company has also indicated an outer date for payment.

Comparison with last year’s interim payout

The provided information also notes that Page Industries declared a ₹150 per-share interim dividend for Q1 FY26. The latest ₹200 per-share interim dividend therefore represents a higher per-share payout versus the comparable interim dividend mentioned for last year, even as the company reported a year-on-year decline in quarterly profit.

This contrast is useful context for dividend-focused investors. It highlights that dividend decisions can reflect broader capital allocation preferences and board stance, not only quarter-to-quarter profit changes.

Market reference points mentioned alongside results

The article data includes market reference points such as a stated dividend yield of about 1.43% (also shown around 1.42% in one table). It also lists the share price near ₹38,225 (as of August 12, 2026, 11:00) and another mention near ₹38,295, indicating the stock trading around the ₹38,000-plus range in the cited snapshots.

Separately, the dataset includes a reported EPS figure of 684.81 (with estimated EPS not provided). These numbers are presented in the source material as market dashboard style metrics that often sit alongside quarterly results and corporate actions.

Why this update matters for investors

For investors tracking Page Industries, the update has two concrete components. First is the operational picture: revenue grew 7.8% year-on-year, but EBITDA and net profit were lower, and margins contracted. Second is the shareholder payout: the first interim dividend of ₹200 per share, with a defined record date and payment timeline.

The combination matters because it frames how the company is balancing growth, profitability, and shareholder returns at the start of FY27. With the record date on August 19, 2026 and payment due on or before September 11, 2026, the next set of investor actions is tied to corporate-action timelines rather than new operating guidance.

Closing summary

Page Industries’ Q1 FY27 results showed higher revenue at ₹1,420 crore, while net profit declined to ₹193 crore and EBITDA margin fell to around 20.3%-20.4%. Alongside the results, the company declared a ₹200 per-share first interim dividend, set August 19, 2026 as the record date, and said the payout will be made on or before September 11, 2026.