Page Industries slips 8% on disappointing December quarter results

Joseph B. Hash

Shares of internal wear maker Web site Industries slipped 8 for every cent to Rs 21,650 on the BSE on Friday following the enterprise reported a sharp five hundred foundation points decrease in operating revenue margins in December quarter (Q3FY20), because of to better expenses.

Web site Industries is engaged in the manufacturing, distribution, and internet marketing of innerwear athleisure sleepwear and swimwear for adult males, women, and young children. It is the distinctive licensee of Jockey International for manufacture, distribution, and internet marketing of the JOCKEY model in India.

In Q3FY20, the earnings right before curiosity, tax, depreciation, and

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