Page Industries Limited — Investor Meet, 20-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Page Industries reported financial results for the quarter and half-year. Q2 FY26 revenue stood at 1,290.9 Cr (+3.6% YoY), with PAT at 194.8 Cr (-0.3%). For H1 FY26, revenue reached 2,670.4 Cr (+3.3%) and PAT was 395.6 Cr (+9.7%). Management noted subdued consumption in Q2 but expects H2 to outperform H1, aiming for near double-digit growth. Operational efficiencies contributed to a robust 21.7% EBITDA margin, despite higher employee and marketing expenses. New bonded tech products showed encouraging consumer response, with distribution expansion planned. The company invested 57 Cr in H1 capex, with about 50 Cr in incentives expected next year. Focus remains on innovation and consumer activation.