Relaxo Footwears Limited — Results, 31-01-2025: Integrated Filing- Financial
31-01-2025 | 05:11 pm
31-01-2025 | 05:11 pm
Relaxo Footwears Limited has announced a board meeting to review the financial results for the quarter and nine months ended December 31, 2024. Total income for the quarter stands at ₹673.70 crore, a decrease from ₹718.70 crore year-on-year, while expenses decreased to ₹629.09 crore. Profit before tax is reported at ₹44.61 crore, leading to a profit for the period of ₹33.01 crore. The company's long-term rating has been reaffirmed at [ICRA] AA with a stable outlook. This performance may indicate operational challenges, impacting investor sentiment, but ongoing strong ratings reflect some investor confidence in management stability.
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