Page Industries shares plunge 13% as higher RM costs hit Q2 profitability; can festive demand drive a recovery?

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 expects festive demand and new products to support growth.