Page Industries Q4 FY26: Profit up 9%, dividend ₹150

Key takeaway from the March-quarter print

Page Industries reported a stronger March-quarter performance, with revenue and profit both rising year-on-year in Q4 FY26. The company, which markets innerwear and athleisure as the exclusive licensee of Jockey in India, also announced a fourth interim dividend for FY26. Operationally, management reported double-digit growth in sales volumes, while margins softened slightly compared with the year-ago quarter. The update was disclosed along with quarterly results on May 21, 2026. In the market, the stock traded higher after the announcement.

Q4 FY26 numbers: revenue up 14%, profit up 9%

In Q4 FY26, Page Industries reported standalone net profit of ₹178.73 crore, up 8.98% from ₹164.01 crore in Q4 FY25. Revenue from operations rose 14.07% to ₹1,252.59 crore compared with ₹1,098.07 crore in the same quarter last year. Profit before tax came in at ₹237.80 crore, a rise of 8.74% from ₹218.67 crore. The company also reported sales volume growth of 10.8% year-on-year to 54.5 million pieces. The reported revenue and profit expansion indicates steady demand and improved scale during the quarter, even as profitability ratios saw a modest decline.

Operational performance: EBITDA growth, but margin dips

EBITDA for Q4 FY26 stood at ₹260.5 crore, up 10.75% from ₹235.2 crore in Q4 FY25. Despite the rise in EBITDA, the EBITDA margin reduced to 20.8% in Q4 FY26 from 21.4% a year earlier. The company’s reported margin movement suggests costs grew slightly faster than revenue during the period. Even so, EBITDA growth remained in double digits, broadly tracking the volume increase reported for the quarter.

Management commentary: focus on growth in revenue and profitability

Commenting on the quarterly performance, Managing Director V.S. Ganesh said, “We are pleased to report a strong quarter marked by healthy growth in both revenue and profitability.” The statement accompanied the results released on May 21, 2026. While the company did not detail specific drivers in the provided disclosures, the reported combination of higher sales volumes and higher revenue points to improved throughput during the quarter.

Dividend announced: ₹150 per share, with record date and payout timeline

Page Industries said its board declared a fourth interim dividend of ₹150 per equity share for FY26. The record date for determining eligible shareholders has been fixed as May 27, 2026. The company said the dividend will be paid on or before June 19, 2026. Dividend declarations are closely tracked for consumer-facing businesses with consistent cash generation, and this announcement sets a clear timeline for investors.

Full-year FY26 snapshot: sales and profit increase

For the full year ended March 2026, Page Industries reported net profit of ₹763.82 crore, up 4.76% from ₹729.14 crore in the year ended March 2025. Full-year sales rose 6.32% to ₹5,246.78 crore, compared with ₹4,934.91 crore in FY25. The full-year numbers show a more moderate growth pace than the March quarter, indicating that Q4 was comparatively stronger on a year-on-year basis.

Market reaction: Page Industries shares edge higher

Shares of Page Industries rose 0.68% to ₹38,539.85 on the BSE following the results update. The move reflected a positive, if measured, response to the quarter’s revenue and profit growth and the interim dividend announcement.

Key metrics table: Q4 FY26 vs Q4 FY25

Why this result matters for investors tracking consumer brands

Page Industries’ Q4 FY26 results show that the company delivered double-digit growth in revenue, EBITDA, and volumes, while profit growth stayed in high single digits. The decline in EBITDA margin to 20.8% from 21.4% is a key monitorable because it signals that cost pressures or mix can offset some operating leverage. At the same time, the fourth interim dividend of ₹150 per share provides a defined shareholder payout with announced record and payment dates. Investors will also likely read the full-year FY26 performance - sales up 6.32% and profit up 4.76% - as context for how the March quarter fits into the broader year.

Conclusion

Page Industries closed Q4 FY26 with higher revenue, higher profit, and higher sales volumes, alongside a modest decline in EBITDA margin. The board also declared a fourth interim dividend of ₹150 per share, with a May 27, 2026 record date and payment on or before June 19, 2026. The next set of company updates will likely be watched for how margins and volume trends evolve after a comparatively stronger March quarter.