Financials
Q2-2015: Twitter sees 61% revenue growth, ad revenue up 63.2%
BENGALURU: Twitter, Inc. reported 60.9 per cent growth in revenue for the quarter ended 30 June, 2015 (Q2-2015) at $502.38 million as compared to the $312.17 million in the corresponding year ago quarter. Excluding the impact of year-over-year changes in foreign exchange rates, revenue would have increased 68 per cent says Twitter.Advertising revenue increased 63.2 per cent to $452 million as compared to $277 million in Q2-2014.
GAAP net loss of $136.66 million in Q2-2015 was lower than the net loss of $144.64 million in Q2-2014, while non-GAAP income in the current quarter was $48.52 million as compared to the $14.60 million in the corresponding year ago quarter. Adjusted EBIDTA for Q2-2015 at $120.19 million more than doubled (up 2.2 times) as compared to the $54.13 million in Q2-2014.
“Our Q2 results show good progress in monetization, but we are not satisfied with our growth in audience. However, product initiatives we’ve mentioned in previous earnings calls, like instant timelines and logged-out experiences, have not yet had meaningful impact on growing our audience or participation. This is unacceptable and we’re not happy about it. In order to realize Twitter’s full potential, we must improve in three key areas: ensure more disciplined execution, simplify our service to deliver Twitter’s value faster, and better communicate that value,” said Twitter interim CEO Jack Dorsey.
YTD, Twitter’s revenue increased 66.6 per cent to $938 million in Q2-2015 from $563 million in the six month period ended 30 June, 2014 (6M-2014). Ad revenue in 6M-2015 increased 67 per cent to $840 million as compared to the $503 million in 6M-2014. GAAP Net loss in 6M-2015 increased to $299.10 million as compared to the net loss of $277 million in the corresponding period of last year. Non GAAP net income in 6M-2015 increased to $95.03 million as compared to the $14.80 million in 6M-2014. YTD EBIDTA increased to $224.21 million as compared to the $91.08 million in 6M-2014.
Twitter says that Monthly Active Users – Average Monthly Active Users (MAUs) were 316 million for Q2-2015, up 15 per cent y-o-y, and compared to 308 million in Q1-2015. The vast majority of MAUs added in the quarter on a sequential basis came from SMS Fast Followers. Excluding SMS Fast Followers, MAUs were 304 million for Q2-2015, up 12 per cent y-o-y, and compared to 302 million in Q1-2015. Mobile MAUs represented approximately 80 per cent of total MAUs.
In Q2-2015, Twitter launched a new autoplay feature for native videos, Vines and GIFs, as well as Periscope live video streaming on Android.
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.
