Relaxo Footwears rose 1.17% to Rs 1,025.05 after the company's net profit surged 97.23% to Rs 102.17 crore on 38.31% jump in revenue from operations to Rs 747.68 crore in Q4 March 2021 over Q4 March 2020.
Profit before tax grew 99.31% to Rs 137.61 crore in Q4 FY21 as against Rs 69.04 crore in Q4 FY20. Total tax expense soared 105.56% to Rs 35.44 crore in Q4 March 2021 over Q4 March 2020.
The company's net profit climbed 28.86% to Rs 291.56 crore on 2.12% decline in revenue from operations to Rs 2,359.15 crore in FY 2021 over FY 2020.
The board has recommended a final dividend at the rate of Rs 2.50 per equity share for the year ended 31 March 2021.
Relaxo Footwears is engaged in production of Hawaii slippers, light weight slippers, canvas shoes, PVC footwear etc.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app