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Relaxo Footwears Ltd Q1FY25; 21% fall in Profits

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.

Financial Results:

Relaxo Footwears Ltd reported Revenues for Q1FY25 of ₹748.00 Crores up from ₹739.00 Crore year on year, a rise of 1.22%.

Total Expenses for Q1FY25 of ₹693.00 Crores up from ₹670.00 Crores year on year, a rise of 3.43%.

Consolidated Net Profit of ₹44.00 Crores down 21.43% from ₹56.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.78, down 21.24% from ₹2.26 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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