Page Industries shares fall 13% after higher input costs
In short
Page Industries shares dropped 13% to their lowest level since April after higher input costs held back profit growth in Q2 FY27. Revenue rose 11.5% to ₹1,439.6 crore, and profit after tax increased 4% to ₹202.5 crore.
The company said festive demand and new products could help growth later. Investors are watching if that can lift sales and margins.
What the reporting says
Page Industries shares fell 13% to their lowest level since April after higher input costs limited profit growth in Q2 FY27. Revenue rose 11.5% to ₹1,439.6 crore, while profit after tax increased 4% to ₹202.5 crore. The company said festive demand and new products may support growth ahead.
Why it matters
Page Industries saw its share price fall 13% after higher raw material or input costs squeezed quarterly profitability. Even with revenue up 11.5% and PAT up 4%, the market reacted to the margin pressure. The company’s mention of festive demand and new products signals a possible recovery driver for future quarters.