Categories Earnings, Retail

Relaxo Footwear Ltd Q4FY23 results out, revenue declines by 15%

Relaxo Footwears Limited is the largest footwear manufacturing company in India, which deals in non-leather products i.e. rubber/EVA slippers, canvas shoes, sport shoes, sandals, school shoes and other types of footwear. It is also the leader in ‘value’ segment footwear. It has a portfolio of renowned brands like Relaxo, Sparx, Flite and Bahamas. The company sells its products through retailers served through distributors, retail outlets, exports and e-commerce / modern trade. 

  • Relaxo Footwear Ltd reported Total revenue for Q4 FY23 of ₹765 Crore, up from ₹698 Crore year on year depicting a growth of 10%.
  • Total Expenses for Q4 FY23 of ₹647 Crore up, from ₹587 Crore year on year, a growth of 10%. 
  • Consolidated Net Profit of ₹63 Crore, stayed neutral from ₹63 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹2.54, up 0.4% from ₹2.53 in the same quarter of the previous year.

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