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Relaxo Footwears reports 7% fall in Q3 net profit

04 Feb 2019 Evaluate

Relaxo Footwears has reported results for third quarter ended December 31, 2018.

The company has reported 6.71% fall in its net profit at Rs 35.62 crore for the quarter under review as compared to Rs 38.18 crore for the same quarter in the previous year. However, total income of the company increased by 20.83% at Rs 554.24 crore for Q3FY19 as compared Rs 458.70 crore for the corresponding quarter previous year.

Relaxo Footwears is engaged in the manufacturing and trading of footwear and related products. The principal activity of the company is the manufacture of footwear made primarily of vulcanized or molded rubber and plastic.

Peers
Company Name CMP
Bata india 635.95
Relaxo Footwears 297.50
Campus Activewear 211.65
Superhouse 168.80
Liberty Shoes 238.65
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