Continuing business investment while awaiting demand revival Tepid consumer demand and high competitive intensity impacted the performance of Page Industries. It resulted in lower offtake from distributors and a decline in footfalls in its own exclusive stores (720+). For 9MFY20, revenues grew 7% YoY to | 2404 crore, with volume growth of mere 1% YoY to 138 million pieces. In a bid to beat the blues, the management has undertaken several initiatives such as new product launches, sustained enhancement in distribution reach and higher investments in marketing and...