Relaxo Footwears standalone net profit declines 38.41% in the March 2022 quarter

Sales decline 6.62% to Rs 698.19 crore

Net profit of Relaxo Footwears declined 38.41% to Rs 62.93 crore in the quarter ended March 2022 as against Rs 102.17 crore during the previous quarter ended March 2021. Sales declined 6.62% to Rs 698.19 crore in the quarter ended March 2022 as against Rs 747.68 crore during the previous quarter ended March 2021.

For the full year,net profit declined 20.19% to Rs 232.68 crore in the year ended March 2022 as against Rs 291.56 crore during the previous year ended March 2021. Sales rose 12.47% to Rs 2653.27 crore in the year ended March 2022 as against Rs 2359.15 crore during the previous year ended March 2021.

 

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales698.19747.68 -7 2653.272359.15 12 OPM %15.9221.78 -15.6721.00 - PBDT113.14164.56 -31 424.14501.18 -15 PBT84.44137.61 -39 310.60391.16 -21 NP62.93102.17 -38 232.68291.56 -20

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