 "Relaxo Footwears Q4 results: Net profit decline 3% to Rs 61 crore")
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.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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