Q1 2025 Page Industries Ltd Earnings Call Transcript
Key Points
- Revenue growth of 3.9% year-on-year in Q1 FY25.
- PAT growth of 4.3% year-on-year, indicating profitability.
- E-commerce channel saw a significant growth of 32% in Q1.
- Expansion of distribution network with over 104,696 MBOs, 1,395 exclusive brand stores, and 1,137 LFS outlets.
- Company remains debt-free, showcasing strong financial health.
- Overall sales volume growth was modest at 2.6% year-on-year.
- Operating margins were impacted by increased marketing expenses.
- Inventory levels remain high, with only a slight reduction in absolute terms.
- Challenges in achieving the previously set target of USD 1 billion revenue by FY26.
- Continued volatility in demand, making future projections uncertain.
Gentlemen, good day, and welcome to the Q1 FY25 earnings conference call of Page Industries Limited by Valorem Advisors. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Anuj Sonpal from Valorem Advisors. Thank you, and over to you, Mr. Sonpal.
Thank you. Good afternoon, everyone, and a very warm welcome to you all. My name is Anuj Sonpal from the Investor Relations team.
On behalf of the company, I would like to thank you all for participating in the company's earnings conference call for the first quarter of financial year 2025. Before we begin, let me mention a short cautionary statement.
Some of the statements made in today's earnings call may be forward-looking in nature. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from those anticipated. Such statements are based on management's beliefs as well as assumptions made by and information currently
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