Financials
Q3: Sri Adhikari Brothers PAT up 40%
BENGALURU: Sri Adhikari Brothers Television Network reported a net profit of Rs 3.10 crore for Q3-2013, 40 per cent higher than Rs 2.21 crore a year ago and 36.1 per cent more than Rs 2.28 crore a quarter ago. The company’s 9M-2014 net profit rose 10.6 per cent to Rs 7.21 crore from Rs 6.52 crore a year ago. For FY-2013, the company had reported net profit of Rs 3.50 crore.
The company’s income from operations for Q3-2014 rose 10.4 per cent to Rs 19.13 crore from Rs 17.33 crore in Q3-2013, and was 5.5 per cent more than the Rs 18.13 crore in Q2-2014. For 9M-2014, Sri Adhikari Brothers reported Rs 54.78 crore as income, which was 24.6 per cent more than the Rs 43.96 crore in 9M-2013. For FY 2013, Sri Adhikari Brothers reported Net Sales/Income from Operations at Rs 60.19 crore.
Let us look at the other Q3-2014 numbers reported by Sri Adhikari Brothers:
The company reported Total expense of Rs 15.47 crore in Q3-2014, which was 8 per cent more than the Rs 14.33 crore in Q2-2013 and 0.3 per cent more than the Rs 15.42 crore in Q2-2013. YTD, total expense was Rs 46.17 crore, 30.7 per cent more than Rs 35.32 crore in 9M-2014. For FY 2013, Sri Adhikari Brothers reported Total expense of Rs 53.60 crore.
Sri Adhikari Brothers Production expense was up 16.3 per cent to Rs 11.59 crore in Q3-2014 from Rs 9.97 crore in Q3-2013 and was up 4.8 per cent from Rs 11.07 crore in Q2-2014. During 9M-2014, Sri Adhikari Brothers Production expense was up 49.7 per cent to Rs 33.35 crore from Rs 22.28 crore in 9M-2013. For FY 2013, Production expense was Rs 37.17 crore.
The company paid (19.2) per cent lower finance cost in Q3-2014 at Rs 0.74 crore as compared to the Rs 0.91 crore in Q3-2013, but 66 per cent more than the Rs 0.44 crore in Q2-2014. During the nine month period of the current financial year, Sri Adhikari Brothers paid (46.5) per cent lower finance cost at Rs 1.6 crore as compared to the Rs 3 crore in 9M-2013. For FY 2013, finance cost was Rs 3.39 crore.
Sri Adhikari Brothers Employee cost at Rs 0.37 crore in Q3-2014 was 18.4 per cent less than the Rs 0.45 crore in Q3-2013, but 2.5 per cent more than the Rs 0.36 crore in Q2-2014. YTD, Employee cost at Rs 1.10 crore was 13.2 per cent lower than the Rs 1.26 crore in 9M-2013. For FY 2013, employee cost reported by the company was Rs 1.45 crore.
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MUMBAI: It’s time to brief the markets: Page Industries is showing that even when regulations tighten, it can still keep its footing in the innerwear business. The Bengaluru-based apparel major has reported its financials for the quarter ended 31 December 2025, delivering a performance that remains steady and well put together.
The company’s top line showed plenty of elasticity this quarter. Revenue from operations stretched to Rs 1,38,675.71 lakhs, a healthy jump from the Rs 1,29,085.82 lakhs reported in the preceding quarter. Compared to the same period last year, which stood at Rs 1,31,305.10 lakhs, it’s clear the brand’s grip on the market isn’t loosening. Total income for the quarter, including other finance gains, reached a comfortable Rs 1,39,919.03 lakhs.
However, it wasn’t all smooth silk. The Government of India’s new unified Labour Codes, covering everything from wages to social security, officially kicked in on 21 November 2025. This regulatory shift forced Page Industries to account for a one-time “exceptional item” cost of Rs 3,500.42 lakhs to cover incremental employee benefits and related obligations. Despite this Rs 35-crore legislative snag, the underlying business remained robust. Profit before tax stood at Rs 25,625.35 lakhs after the exceptional hit, and without that one-off cost, the figure would have been a more muscular Rs 29,125.77 lakhs. Net profit for the quarter came in at Rs 18,953.64 lakhs.
Total expenses rose to Rs 1,10,793.26 lakhs, driven largely by raw material consumption of Rs 30,162.65 lakhs and employee benefits of Rs 23,310.66 lakhs. Even so, the company’s operational strength ensured the bottom line remained firmly stitched together.
For shareholders, the news is particularly “fitting.” The Board has declared a third interim dividend for 2025-26 of Rs 125 per equity share. The record date has been set for 11 February 2026, with the payment scheduled on or before 6 March 2026. This follows two previous interim dividends of Rs 150 and Rs 125 declared earlier in the financial year, reinforcing the company’s commitment to sharing the spoils of its success.
Looking at the nine-month stretch ending December 2025, Page Industries has amassed total income of Rs 4,04,090.59 lakhs, with total comprehensive income of Rs 58,231.49 lakhs. While the basic earnings per share for the quarter dipped slightly to Rs 169.93, compared to Rs 183.48 in the same quarter last year, the year-to-date EPS remains a solid Rs 524.57.
Auditors at S.R. Batliboi & Associates LLP have given the results a “limited review” thumbs up, reporting no material misstatements. It seems that, as far as Page Industries is concerned, the business remains as well-constructed as its famous Jockey briefs.
