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ā¢ Page Industries, which licenses Jockey International and Speedo in India, reported a 7.3% fall in second-quarter profit due to lower consumer spending and footfall in malls and high streets.
ā¢ The company expects the ongoing festive season to bring a turnaround in sales.
ā¢ Its EBITDA margin contracted to 20.8%, while rival Tata-owned Trent reported a three-fold surge in quarterly profit.