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Rs 125 Dividend: Page Industries Ltd, the bengaluru-headquartered manufacturer and retailer of Jockey brand in India, on Thursday declared a hefty interim dividend of Rs 125 per share of Rs 10 face value. The announcement came alongside the company’s Q2 FY2025-26 results.
This marks the eighth consecutive instance where the company has declared an interim dividend of more than Rs 100 per share, reaffirming its consistent payout track record.
In its exchange filing dated November 13, the company said, “The Board of Directors of the Company at their meeting held today has declared 2nd Interim Dividend 2025-26 of Rs 125 per equity share.”
The company has fixed November 19 as the record date to determine shareholder eligibility for the latest payout. The dividend will be credited to eligible shareholders on or before December 12, 2025.
Despite the strong dividend announcement, Page Industries reported a marginal decline in profitability for Q2 FY2026. Net profit stood at Rs 194.76 crore, compared with Rs 195.25 crore a year earlier.
Revenue from operations rose nearly 4 per cent to Rs 1,290.85 crore, against Rs 1,246.27 crore in the corresponding quarter last fiscal. Sales volume increased 2.5 per cent year-on-year to 56.6 million pieces. EBITDA came in at Rs 279.5 crore, slightly lower by 0.7 per cent.
At 11 AM, Shares of Page Industries were trading at Rs 39,615, up by Rs 30 or 0.076 per cent. The stock opened at Rs 39,500. It touched an intraday high of Rs 39,985. The day’s low was Rs 38,765.
The company’s market capitalisation stood at Rs 44.19K crore. The stock’s 52-week range shows a high of Rs 50,590 and a low of Rs 38,765.