Key Points
BENGALURU, Nov 9 (Reuters) - Page Industries (PAGE.NS), which licenses products of innerwear and loungewear brand Jockey International in India, reported a 7.3% fall in second-quarter profit on Thursday as inflation-hit consumers continued to cut back on spending...
The Bengaluru-based company, which also operates in countries such as Sri Lanka and the United Arab Emirates, said its profit fell to 1.5 billion rupees ($18.02 million) for the quarter ended Sept. 30, from 1.62 billion rupees a year earlier...
As a result, the company, which also licenses the Speedo swimwear brand in India, posted an 8.4% fall in its revenue from operations to 11.25 billion rupees...
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