Relaxo Footwears reports 25% rise in Q1 net profit

Relaxo Footwears has reported results for first quarter ended June 30, 2022.

Relaxo Footwears
Relaxo Footwears

The company has reported 24.90% rise in its net profit at Rs 38.67 crore for the quarter under review as compared to Rs 30.96 crore for the same quarter in the previous year. Total income of the company increased by 33.62% at Rs 671.32 crore in Q1FY23 as compared Rs 502.40 crore for the corresponding quarter previous year.

Relaxo Footwears is one of India’s most quality conscious and progressive footwear companies. Headquartered in Delhi, India, it maintains a fine combination of comfort, style and workmanship and is embarking upon appreciable growth plans for the future.

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