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Latest news about Relaxo Footwears

Relaxo Footwears Appoints Amit Roy as Chief Financial Officer Effective April 1, 2026 9 days ago

Relaxo Footwears Limited has appointed Mr. Amit Roy as Chief Financial Officer and Key Managerial Personnel effective April 1, 2026, following Board approval on March 26, 2026. Roy brings over 30 years of finance experience and has been with the company for 13 years as Senior General Manager-Finance.

Relaxo Footwears Appoints Gaurav Kumaar Dua and Ritesh Dua as Co-Chief Executive Officers 9 days ago

Relaxo Footwears CFO Prince Jain Resigns With Immediate Effect Mar 11, 2026

Relaxo Footwears Announces Q3FY26 Results with Board Approval on January 30, 2026 Jan 30, 2026

Relaxo Footwears Cancels 2,200 Stock Options Under Employee Stock Option Plan 2014 Jan 30, 2026

More news about Relaxo Footwears

19Nov 25

Relaxo Footwears Reports Revenue Decline in Q2 FY26, Expects Recovery with GST Rationalization

Relaxo Footwears experienced a 7.5% year-on-year revenue decline in Q2 FY26, with revenue dropping to ₹629.00 crores from ₹679.00 crores. The decline was attributed to mass market segment challenges and GST-related transitions. Despite revenue drop, EBITDA margin remained stable at 12.9%, while PAT margin improved to 5.8% from 5.4%. The company expects gradual recovery starting Q4 FY26, driven by channel inventory normalization and improved competitiveness due to GST 2.0 implementation. Relaxo is focusing on athleisure and sneakers segments, with plans to launch premium PU products under the Flite brand.

13Nov 25

Relaxo Footwears Reports Q2 Revenue Dip Amid Challenging Market Conditions

Relaxo Footwears Limited reported a 7.48% decline in Q2 revenue to ₹628.54 crore, with a slight 1.55% decrease in profit after tax to ₹36.16 crore. Half-year revenue fell 10.12% to ₹1,283.03 crore, but profit improved by 4.88% to ₹85.06 crore. The company maintained operational efficiency with a marginal improvement in EBITDA margin to 12.91%. Despite revenue challenges, Relaxo demonstrated resilience through effective cost management and operational optimization, maintaining a strong balance sheet with total assets of ₹2,870.15 crore.

04Aug 25

Relaxo Footwears Reports 15% Decline in Net Profit to ₹170.33 Crores

Relaxo Footwears, India's largest footwear manufacturer, reported a 15% year-on-year decline in net profit to ₹170.33 crores. Revenue from operations decreased by 4.3% to ₹2,789.61 crores. EBITDA fell to ₹382.00 crores with a margin of 13.69%. Footwear sales decreased to 17.75 crore pairs. Despite challenges, the company recommended a final dividend of ₹3 per equity share. Relaxo launched over 275 new designs, expanded its distribution network, and grew retail presence to 418 Exclusive Brand Outlets. The company implemented efficiency measures and has a presence in over 30 countries. Relaxo remains cautiously optimistic about gradual recovery in consumer demand.

30Jul 25

Relaxo Footwear Reports Q1 Results: Profit Up 10% Despite Revenue Dip

Relaxo Footwears, India's largest footwear manufacturer, reported mixed Q1 results with a 10.2% increase in profit after tax (PAT) to ₹48.90 crore, despite a 12.5% decline in revenue to ₹654.49 crore. EBITDA remained stable at ₹99.45 crore, with the margin expanding by 198 basis points to 15.2%. The company is implementing a margin-driven recovery strategy, focusing on brand resilience, retail operations, and cost efficiency amid challenging market conditions. Management acknowledged ongoing challenges including muted consumer demand and intense regional competition but remains optimistic about long-term prospects.

30Jul 25

Relaxo Footwears Restructures Management and Reports Q1 Results

Relaxo Footwears Limited has implemented changes in its organizational structure, with four executives no longer classified as Senior Management Personnel. The company secretary has resigned. Despite a 12.5% decrease in revenue to ₹654.49 crore, Q1 financial results show improved profitability with EBITDA margin expanding to 15.2% and PAT growing by 10.2% to ₹48.90 crore. The company faces challenges in consumer demand but focuses on operational efficiencies.

30Jul 25

Relaxo Footwears Reports Q1 Profit Growth Despite Revenue Dip

Relaxo Footwears, a leading Indian footwear manufacturer, announced mixed Q1 results. Net profit increased to ₹489.00 million from ₹444.00 million year-over-year, while revenue declined to ₹6.55 billion from ₹7.48 billion. EBITDA remained stable at ₹995.00 million, with the EBITDA margin improving to 15.20% from 13.22%. Despite revenue challenges, the company demonstrated effective cost management and operational efficiency. Chairman Ramesh Kumar Dua emphasized the company's focus on its core strengths in the footwear segment.

13May 25

Relaxo Footwears Revamps Distribution System Amidst Volume Challenges

Relaxo Footwears is overhauling its distribution system to enhance operational efficiency. The company is optimizing its 'Relaxo Parivaar' app to improve connections with retailers and distributors. Despite facing short-term volume declines, management expects the new system to stabilize within 2-3 quarters, leading to positive results. This move underscores the importance of digital transformation in the footwear industry.

10May 25

Relaxo Footwear Faces Headwinds in Mid-Range Segment, Initiates Distribution Overhaul

Relaxo Footwear reports a decline in topline performance due to weak demand in the mid-range footwear segment. The company is implementing a significant internal restructuring initiative, focusing on overhauling its distribution strategy. This move aims to improve operational agility, enhance market penetration, and quicken response to consumer preferences. The restructuring is part of Relaxo's efforts to strengthen business fundamentals and navigate current market challenges.

09May 25

Relaxo Footwears Q4 Results: Revenue and Profit Decline Amid Challenging Market Conditions; Recommends Dividend of 3 Rupees per Share

Relaxo Footwears reported a 6.96% year-over-year decline in Q4 FY2024 revenue to ₹695.00 crore. Net profit fell 8.47% to ₹56.20 crore. Despite challenges, the company maintained its EBITDA margin at 16.12%. A dividend of 3 rupees per equity share has been recommended. Sequential improvement was seen from Q3, with revenue up 3.16% and net profit increasing 70.30%.