Page Industries declared the ₹150 per share payout alongside its September-quarter earnings, where net profit rose 4% year-on-year to ₹202.5 crore on an 11.5% climb in revenue. Elevated raw material costs continued to limit profitability despite healthy consumer demand and product premiumisation driving a 5.5% volume expansion. The stock fell 2% to finish at ₹31,399.65 on the BSE, reflecting steep declines across weekly and monthly horizons. This latest distribution brings the apparel maker's total dividends declared for FY27 to ₹350 per equity share.
Key points
Page Industries became the sole company to announce a three-digit interim payout during t…: Page Industries became the sole company to announce a three-digit interim payout during the entire September quarter.
Cumulative interim distributions for FY27 reached ₹350 per share following an earlier ₹20…: Cumulative interim distributions for FY27 reached ₹350 per share following an earlier ₹200 payout approved in August.
Persistent selling pressure has pushed the stock down 16% over the past month despite exp…: Persistent selling pressure has pushed the stock down 16% over the past month despite expanding top-line revenues.
Sources checked by our analysis pipeline: 1
Page Industries, the listed innerwear and athleisure manufacturer, has announced its second interim dividend for FY27, making it the only company so far to declare a three-digit interim dividend during the September quarter. The company has declared a payout of ₹150 per equity share, the largest among the interim dividends announced during Q2 FY27, with the record date scheduled for next week.
The dividend announcement comes alongside the company's September-quarter results, which showed a 4% increase in net profit. However, the stock has remained under pressure, declining 21% over the past year. Investors will therefore be tracking both the upcoming dividend record date and the company's financial performance.
The company's board of directors considered and approved the second interim dividend for FY27.
“The Board of Directors of the Company at their meeting held today (i.e., 12 November 2026) has declared the 2nd Interim Dividend for the financial year 2026-27 for an amount of ₹150/- per equity share,” read the BSE filing released earlier in the day.
The ₹150 per-share payout is the largest interim dividend announced so far during the…
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