Financials
Q1-2016: Distribution segment pulls down Animation gains to loss for DQE
BENGALURU: The Tapas Chakravarti led DQ Entertainment (International) Limited (DQEIL) reported consolidated loss of Rs 12.65 crore in the quarter ended 30 June, 2015 (Q1-2016) as compared to a loss of Rs 12.06 crore in Q1-2015 and a loss of Rs 26.33 crore in the immediate trailing quarter.
The loss in the current quarter would have been higher but for a foreign exchange (forex) gain of Rs 6.8 crore as compared to a forex loss Rs 0.39 crore in Q1-2015 and a forex gain of Rs 3.95 crore in Q4-2015.
Note: (1) 100,00,000 = 100 Lakhs = 10 million = 1 crore
(2) All numbers are consolidated unless stated otherwise.
Segment Performance
The company’s distribution segment reported an operating loss of Rs 6.51 crore on operating revenue of Rs 1.80 crore in Q1-2016 as compared to the operating loss of Rs 1.19 crore on operating revenue of Rs 10.71 crore in Q1-2015 and an operating loss of Rs 12.53 crore on operating revenue of Rs 5.94 crore in Q4-2015.
The company’s Animation segment reported an operating profit of Rs 2.08 crore in Q1-2016 from operating revenue of Rs 23.93 crore as compared to the operating loss of Rs 1.07 crore from operating revenue of Rs 9.93 crore in Q1-2015 and an operating profit of Rs 33.88 crore from operating revenue of Rs 69.87 crore in the immediate trailing quarter.
Let us look at the other numbers reported by DQEIL
DQEIL reported 24.6 per cent increase in total income from operations (TIO) in Q1-2016 to Rs 25.73 crore as compared to the Rs 20.64 crore in Q1-2015. TIO in the current quarter was a little more than a third (33.9 per cent) of the TIO of Rs 75.81 crore in Q4-2015.
Total Expenditure in Q1-2016 increased 6.8 per cent to Rs 29.62 crore as compared to the Rs 27.72 crore in Q1-2015, but declined 65.3 per cent as compared to the Rs 85.3 crore in Q4-2015.
The company’s finance expense in Q1-2016 was almost double (increased 93 per cent) at Rs 14.56 crore as compared to the Rs 7.55 crore in Q1-2015 but dropped 13.2 per cent as compared to the Rs 16.78 crore in Q4-2015.
DQEIL Production expense (PE) in Q1-2016 increased 74.4 per cent to Rs 3.75 crore as compared to the Rs 2.15 crore in Q1-2015 and declined 77.6 per cent as compared to the Rs 16.75 crore in Q4-2015.
The company’s Employee Expenses (EBE) in Q1-2016 at Rs 13.30 crore declined 20 per cent as compared to the Rs 16.64 crore in Q1-2015 and was 2.1 per cent lower than the Rs 13.59 crore (in Q4-2015.
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.
