Financials
Q3-2015: Twitter revenue up 57.6%; GAAP loss down
BENGALURU: Twitter’s new CEO and co-founder Jack Dorsey delivered his maiden report that said that his company had performed better than the previously announced guidance values. The company’s revenue for the quarter ended 30 September, 2015 (Q3-2015, current quarter) increased 57.6 per cent YoY to $569.24 million as compared to the $361.27 million. The previous guidance for the company was revenues in the range of $545 million and $560 million. Revenue growth in the current quarter increased 13.3 per cent QoQ from $502.38 million.
GAAP net loss reported by the company reduced to $131.69 million in the current quarter as compared to the loss of $175.46 million in Q3-2014 and 136.66 million in the previous quarter. Non-GAAP net income grew 9.6 times to $66.98 million as compared to $6.97 million in the corresponding year ago quarter. Non-GAAP diluted income per share increased to $0.10 in Q3-2015 from $0.01 reported for Q3-2014.
Adjusted EBIDTA in the current quarter increased 108 per cent to $142 million in Q3-2015 as compared to the $68 million in the corresponding year ago quarter.
Advertisement revenue in the current quarter increased 60.3 per cent to $513 million from $320 million in the corresponding year ago quarter. Advertisement revenue from the US market increased 57.4 per cent YoY to $329 million (64.1 per cent of advertisement revenue) in Q3-2015 from $209 million (65.3 per cent of advertisement revenue) in Q3-2014. International advertisement revenue increased 66 per cent to $184 million (35.9 per cent of advertisement revenue) from $111 million (34.7 per cent of advertisement revenue) in Q3-2014.
Data Licensing and other revenue in the current quarter increased 37 per cent to $56 million (9.8 per cent of total revenue) as compared to the $41 million (11.4 per cent of total revenue) in Q3-2014.
Twitter’s worldwide monthly active users (MAU) increased 11.5 per cent to 320 million in the current quarter as compared to the 287 million in Q3-2014, but improved by just 1.3 per cent QoQ from 316 million. Excluding SMS Fast Followers, MAUs were 307 million for the third quarter, up eight per cent year-over-year, and compared to 304 million in the previous quarter. Mobile MAUs represented approximately 80 per cent of total MAUs.
MAUs’ from the US increased by four per cent to 66 million in the current quarter as compared to 60 million in Q3-2014 and one per cent QoQ.
“We continued to see strong financial performance this quarter, as well as meaningful progress across our three areas of focus: ensuring more disciplined execution, simplifying our services, and better communicating the value of our platform,” said Dorsey. “We’ve simplified our roadmap and organization around a few big bets across Twitter, Periscope, and Vine that we believe represent our largest opportunities for growth.”
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.
