Page Industries reported its Q1FY20 results post market hours today.
The company’s PAT in the quarter under review fell 11% yoy to Rs110.7cr vs. Rs124.4cr in Q1FY19.
Revenue inched up by 2.4% yoy to Rs8,349.6cr.
Raw material expenses considerably declined but were offset by a rise in employee benefit expenses and finance costs.
The company, in its board meeting, also approved an interim dividend of Rs51/share. The record date fixed for the payment of interim dividend is 20th August 2019.
The date fixed for payment of dividend is on or before 31st August 2019.
Page Industries Ltd ended at Rs18,335.15 down by Rs51.35 or 0.28% from its previous closing of Rs18,386.50 on the BSE.
The scrip opened at Rs18,712.70 and has touched a high and low of Rs18,712.70 and Rs18,109.30 respectively. So far 24,132 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs20,500.95cr.