Relaxo Footwears announced the resignation of Deval Ganguly, Whole Time Director of the Company with effect from 31 March 2024. Powered by Capital Market - Live News

Net profit of Relaxo Footwears rose 28.14% to Rs 38.57 crore in the quarter ended December 2023 as against Rs 30.10 crore during the previous quarter ended December 2022. Sales rose 4.65% to Rs 712.71 crore in the quarter ended December 2023 as against Rs 681.03 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales712.71681.03 5 OPM %12.2310.61 - PBDT88.3372.55 22 PBT50.8340.58 25 NP38.5730.10 28 Powered by Capital Market - Live News

Relaxo Footwears will hold a meeting of the Board of Directors of the Company on 31 January 2024.Powered by Capital Market - Live News

Relaxo Footwears has been declared as a successful Bidder today i.e. 11 December, 2023, in the bidding process held through an e-auction platform. The auction was for the purchase of land parcel of approximately 30 acres situated in Pathredi Industrial Area, Bhiwadi - II, (Rajasthan), India, which was auctioned by IndusInd Bank. The cost of acquisition of aforesaid land parcel is Rs 135 crore. Powered by Capital Market - Live News

Net profit of Relaxo Footwears rose 97.28% to Rs 44.19 crore in the quarter ended September 2023 as against Rs 22.40 crore during the previous quarter ended September 2022. Sales rose 6.82% to Rs 715.32 crore in the quarter ended September 2023 as against Rs 669.65 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales715.32669.65 7 OPM %12.798.87 - PBDT97.3260.97 60 PBT60.3830.44 98 NP44.1922.40 97 Powered by Capital Market - Live News