Page Industries Targets 19-21% FY27 Ebitda Margin Despite Cost Pressures
Page Industries expects its FY27 Ebitda margin to be in the 19-21% range and is aiming for double-digit volume growth, CFO Deepanjan B told NDTV Profit, even as profitability was weighed down by elevated manpower costs linked to the operationalisation of new manufacturing units. The company reported healthy volume growth of 5.7% year-on-year in the first quarter and has several product launches lined up for the rest of the year to support growth. Deepanjan noted that competition remains intense, particularly in the online channel, but said raw material prices, which had risen significantly in recent periods, have started to soften, offering some relief on the cost front.
