Relaxo Footwears Q3 FY26 profit falls 20% to ₹26.5 crore despite stable revenue – CNBC TV18

Relaxo Footwears Ltd, the nation’s largest footwear maker, on Friday reported a decline of 19.6% in its internet profit to ₹26.54 crore within the December quarter of FY26 on a year-to-year foundation.

It had posted a internet profit of ₹33.01 crore within the October-December quarter final fiscal, in accordance to a regulatory submitting from Relaxo Footwears.

Relaxo’s revenue from operations was marginally up at ₹668.03 crore within the December quarter beneath assessment. It was at ₹666.9 crore within the corresponding interval of the earlier fiscal.

Whole bills of Relaxo Footwears had been at ₹643.07 crore, up 2.22% in Q3 of FY26.

Relaxo Footwear’s whole revenue, which incorporates different incomes, was at ₹678.99 crore, marginally up within the December quarter.

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Commenting on the outcomes, Relaxo Footwears Managing Director Ramesh Kumar Dua stated: “Throughout the quarter, the Firm reported stable revenue, after a sequential decline noticed in revenue over the previous few quarters. This optimistic growth is attributed to the Firm’s steady efforts in gross sales transformation.” The organised retail (EBO shops), e-commerce, and enormous-format retail shops reported a robust efficiency, whereas the overall commerce channel witnessed a optimistic momentum, he stated.

“Trying forward, the Firm will preserve a balanced strategy to topline development and margins,” he stated.

Shares of Relaxo Footwears Ltd on Friday settled at ₹393.15 on BSE, up 6.11%.