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Relaxo Footwears Ltd Q4FY24; 3% 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 Q4FY24 of ₹747.00 Crores down from ₹765.00 Crore year on year, a fall of 2.35%.

Total Expenses for Q4FY24 of ₹670.00 Crores down from ₹684.00 Crores year on year, a fall of 2.05%.

Consolidated Net Profit of ₹61.00 Crores down 3.17% from ₹63.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.47, down 2.76% from ₹2.54 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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