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Relaxo Footwears reports 23% rise in Q2 net profit

Relaxo Footwears has reported results for second quarter ended September 30, 2018.

The company has reported 23.00% rise in its net profit at Rs 39.46 crore for the quarter under review as compared to Rs 32.08 crore for the same quarter in the previous year. Total income of the company increased by 19.54% at Rs 551.46 crore for Q2FY19 as compared Rs 461.30 crore for the corresponding quarter previous year.

Relaxo Footwears is engaged in the manufacturing and trading of footwear and related products. The principal activity of the company is the manufacture of footwear made primarily of vulcanized or molded rubber and plastic.

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