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Relaxo Footwears Q1: Net profit rises 46% to Rs 56.32 crore, revenue up 11%

Relaxo Footwears reported a net profit of Rs 56.32 crore up 45.64 percent in Q1FY24.

July 24, 2023 / 15:50 IST
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Relaxo Q1 earnings

Relaxo Footwears reported a consolidated net profit of Rs 56.32 crore for the quarter ended June 2023, up 45.64 percent from Rs 38.67 crore in the year- ago period.

The company reported a 10.7 percent YoY (year-on-year) rise in consolidated revenue from operations at Rs 738.82 crore against Rs 667.15 crore year ago.

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Following earnings, share price of Relaxo closed 2.14 percent higher to Rs 941.40 as of 3.34 pm on NSE.

Moneycontrol News
first published: Jul 24, 2023 03:27 pm

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