Financials
Q3-2015: Just Dial y-o-y income up 28.8 per cent
BENGALURU: Indian search engine and directory services provider Just Dial Limited (Just Dial) reported a 28.8 per cent jump in its total income from operations (TIO) in Q3-2015 to Rs 154.42 crore from Rs 119.86 crore in Q3-2014 and a 4.8 per cent increase from the Rs 147.40 crore in Q2-2015. In 9M-2015, the company’s TIO increased 29.6 per cent to Rs 436.85 crore from Rs 337.08 crore in 9M-2014.
Let us look at the other numbers reported by Just Dial:
Just Dial’s PAT for Q3-2015 increased 8 per cent to Rs 32.14 crore (20.8 per cent of TIO) from Rs 29.75 crore (24.8 per cent of TIO) in the corresponding quarter of last year and was 2.1 per cent more than the Rs 31.49 crore (21.4 per cent of TIO). PAT during 9M-2015 at Rs 91.73 crore (21 per cent of TIO) was 6.1 per cent more than the Rs 86.46 crore (25.6 per cent of TIO) in 9M-2014.
The company’s Total Expenditure (TE) in Q3-2015 at Rs 110.42 crore (71.5 per cent of TIO) was 21.6 per cent more than the Rs 90.77 crore (75.7 per cent of TIO) in Q3-2014 and was 0.6 per cent less than the Rs 111.11 crore (75.4 per cent of TIO) in Q2-2015. TE in 9M-2015 at Rs 328.27 crore (50.8 per cent of TIO) was 33.9 per cent more than the Rs 245.18 crore (72.7 per cent of TIO) in 9M-2014.
Employee Benefit Expense (EBE) is the major expense head for Just Dial. EBE in Q3-2015 at Rs 78.64 crore (50.9 per cent of TIO) was 31.9 per cent more than the Rs 59.64 crore (49.8 per cent of TIO) in Q3-2014 and 3.8 per cent more than the Rs 75.78 crore (51.4 per cent of TIO) in Q2-2015. EBE in 9M-2015 at Rs 221.76 crore (50.8 per cent of TIO) was 33.5 per cent more than the Rs 166.16 crore (49.3 per cent of TIO) in 9M-2014.
Just Dial reported depreciation and amortisation expense (Depreciation) of Rs 6.11 crore (4 per cent of TIO), which was 43.8 per cent more than the Rs 4.25 crore (3.5 per cent of TIO) in Q3-2014 and was 3.2 per cent less than the Rs 6.31 crore (4.3 per cent of TIO) in Q2-2015. In 9M-2015, depreciation at Rs 18.13 crore (4.2 per cent of TIO) was 40.2 per cent more than the Rs 12.93 crore (3.8 per cent of TIO) in 9M-2014.
Note: 100,00,000 = 100 lakh = 10 million = 1 crore
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.
