Relaxo Footwears Q4 Profit Dips 3% to Rs 61 cr
May 09, 2024 20:36
Relaxo Footwears' Q4 net profit declined 3% to Rs 61.39 crore, while revenue also fell. However, annual profit rose to Rs 200.47 crore.
New Delhi, May 9 (PTI) Relaxo Footwears on Thursday reported a 3 per cent decline in net profit for the March quarter to Rs 61.39 crore, as against Rs 63.3 crore in the year-ago period.
The company's revenue from operations declined to Rs 747.21 crore from Rs 764.94 crore in the corresponding quarter of the previous year, a regulatory filing showed.
For the full financial year 2023-24, its net profit rose to Rs 200.47 crore, from Rs 154.47 crore in the previous fiscal.
Its total expenses reduced to Rs 669.98 crore in the January-March period, from Rs 683.85 crore a year ago, the regulatory filing showed.
Relaxo Footwears' scrip closed at Rs 843.45 on Thursday, 0.19 per cent lower than its previous close on the BSE.
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