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Relaxo Footwears reports three-fold jump in Q4 net profit

21 May 2012 Evaluate

Relaxo Footwears has registered over three fold jump in net profit at Rs 18.79 crore for the fourth quarter ended March 31, 2012, compared with a profit of Rs 5.62 crore for the same quarter a year ago.

The company’s total income surged 21.18% to Rs 242.72 crore for the quarter under review as compared to Rs 200.29 crore for the corresponding quarter previous fiscal.

The PSU firm’s net profit for the full financial year 2011-12 rose 49.42% to Rs 39.91 crore in the year under review as against Rs 26.71 crore in FY11. Total income increased by 25.02% to Rs 864.67 crore for the year ended March 31, 2012 from Rs 691.60 crore in FY11.   

Peers
Company Name CMP
Bata india 641.75
Relaxo Footwears 298.95
Campus Activewear 211.15
Superhouse 171.05
Liberty Shoes 223.95
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