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09-May-2025

Relaxo Footwears

PAT down 8.42%


'On standalone basis

Quarter ended March 2025 compared with Quarter ended March 2024.

Net sales (including other operating income) of Relaxo Footwears has declined 6.97% to Rs 695.15 crore.  Operating profit margin has jumped from 16.11% to 16.12%, leading to 6.90% decline in operating profit to Rs 112.05 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 38.06% to 34.69%.   Purchase of finished goods cost rose from 3.52% to 4.43%.   Employee cost increased from 12.96% to 14.16%.   Other expenses fell from 29.85% to 28.85%.   

Other income up 59.88% to Rs 8.09 crore.  PBIDT fell 4.20% to Rs 120.14 crore.  Provision for interest up 16.09% to Rs 5.41 crore.  Loan funds rose to Rs 212.52 crore as of 31 March 2025 from Rs 204.97 crore as of 31 March 2024.  Inventories declined from Rs 598.80 crore as of 31 March 2024 to...



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