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- by retail.economictimes.indiatimes.com
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Jockey India licensee Page Industries beats Q3 profit view on strong athleisure demand, ET Retail
Jockey India: Page Industries, the licensor of Jockey and Speedo in India, posted a notable third-quarter profit increase to 2.05 billion rupees, driven by rising fitness trends and strong athleisure demand. Revenue grew by 7 per cent year-on-year to 13.13 billion rupees. The EBITDA margin improved to 23 per cent owing to controlled operating expenses, despite facing short-term consumer sentiment challenges.