The revenue has witnessed a marginal uptick to Rs 668 crore in the recently concluded quarter from Rs 667 crore in Q3FY25.
On account of subdued market conditions, the net profit of Relaxo Footwears has dipped to Rs 27 crore in the third quarter of the current financial year from Rs 33 crore in the same period a year ago. The company’s net profit margin also came down to 4 per cent from 4.9 per cent in Q3FY25.
The financial results of the company showed that the revenue was up marginally to Rs 668 crore in the recently concluded quarter from Rs 667 crore in Q3FY25. The earnings before interest, tax, depreciation and amortisation (Ebitda) stood at Rs 69 crore, compared to Rs 83 crore in Q3FY25. Ebitda margin at 10.4 per cent.
“The operating environment continued to be subdued, with consumer purchasing behaviour remaining cautious during the festive season. In response to ongoing competition from the unorganiSed sector and to support our distributors, the Company implemented additional sales promotion initiatives throughout the quarter. These efforts have positively impacted our topline, although margins have faced pressure due to these sales promotion expenses and a one-time cost associated with the new labour code,” stated Ramesh Kumar Dua, Chairman and Managing Director
Ebitda margin was impacted due to increased sales promotion as well as one-time costs associated with the new labour code amounting to Rs 5.7 crore, the company said in an exchange filing. For the nine months of the current financial year (9MFY26), the profit after tax was Rs 112 crore, compared to Rs 114 crore in 9MFY25. The revenue during the same period was Rs 1,951 crore, compared to Rs 2,094 crore in 9MFY25.
Dua added that Relaxo remains committed to strengthening backend processes, optimising the supply chain, enhancing operational efficiencies and effectively executing strategies at the market level. Looking ahead, the company will maintain a balanced approach to topline growth and margins.
