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    Relaxo Footwears Q4 Results: Net profit falls 3% YoY to Rs 61 crore

    Synopsis

    Relaxo Footwears on Thursday reported a 3 per cent decline in net profit for the March quarter to Rs 61.39 crore, as against Rs 63.3 crore in the year-ago period. The company's revenue from operations declined to Rs 747.21 crore from Rs 764.94 crore in the corresponding quarter of the previous year, a regulatory filing showed.

    Relaxo Footwears Q4 Results: Net profit falls 3% YoY to Rs 61 croreETMarkets.com
    Relaxo Footwears on Thursday reported a 3 per cent decline in net profit for the March quarter to Rs 61.39 crore, as against Rs 63.3 crore in the year-ago period. The company's revenue from operations declined to Rs 747.21 crore from Rs 764.94 crore in the corresponding quarter of the previous year, a regulatory filing showed.

    For the full financial year 2023-24, its net profit rose to Rs 200.47 crore, from Rs 154.47 crore in the previous fiscal.

    Its total expenses reduced to Rs 669.98 crore in the January-March period, from Rs 683.85 crore a year ago, the regulatory filing showed.

    Relaxo Footwears' scrip closed at Rs 843.45 on Thursday, 0.19 per cent lower than its previous close on the BSE.


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