Financials
Mirchi reports strong results for Q3-2014
BENGALURU: While announcing the quarterly results for Q2-2014 (last quarter), ENIL’s ED and CEO Prashant Panday had said, “The media sector witnessed a consolidation of sorts in Q2. The bigger brands have done well, while the rest languished, FM radio has again done better than all traditional media, growing at between 10-12 per cent over last year, as has Mirchi”.
The Bennett, Coleman & Co. Limited promoted Indian private FM player Entertainment Network (India) Limited (ENIL) which operates FM radio broadcasting stations through the brand Radio
Mirchi in 32 Indian cities announced 37.7 per cent growth in PAT to Rs 25.88 crore in Q3-2014 as compared to Rs 18.79 crore in the corresponding quarter of last year. This quarter’s PAT was 58.1 per cent more than the Rs 16.38 crore in Q2-2014.
Over a nine month period ended 31 December 2013, ENIL reported 45.9 per cent growth in PAT to Rs 62.33 crore in Q3-2014 from Rs 42.71 crore in the corresponding nine month period of last year.
For FY 2013, ENIL reported PAT of Rs 68.32 crore. Considering the consistent good performance of the company year-on-year and the strong cash position the ENIL board of directors had recommended a maiden dividend of 10 per cent i.e. Re.1/- per equity share of Rs 10/- for FY 2013.
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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.
