In an interview to CNBC-TV18, Ramesh Kumar Dua, MD of Relaxo Footwears and Adesh Gupta, CEO of Liberty Shoes shared their views on the GST.
Talking about the outlook for the company going forward, Ramesh Kumar Dua, Managing Director, Relaxo Footwear, said they are aiming for a double-digit growth in the next quarter, with focus on sales transformation and better connection with retailers.
Ramesh Kumar Dua, MD of Relaxo Footwears expects improvement in premiumisation and a 100 percent growth in online sales going forward. relaxo_rameshkumardua_03nov
The footwear manufacturer's Q4 net profit jumped a whopping 96 percent to Rs 42.7 crore from Rs 21.8 crore on yearly basis.
Relaxo Footwear is now focused on premiumisation of products, improving retail distribution and expanding reach, says company MD Ramesh Dua.