Relaxo Footwears Quarter 2 Revenue Up by 6.5% at Rs 75.10 Crore

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(Representative photo: Reuters)

(Consultant photograph: Reuters)

It had posted a internet revenue of Rs 70.54 crore within the July-September quarter final fiscal, Relaxo Footwears stated in a regulatory submitting.

  • PTI
  • Final Up to date: October 31, 2020, 16:43 IST
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Relaxo Footwears Ltd on Saturday reported a rise of 6.46 per cent in its internet revenue at Rs 75.10 crore within the second quarter ended September 2020. It had posted a internet revenue of Rs 70.54 crore within the July-September quarter final fiscal, Relaxo Footwears stated in a regulatory submitting.

Its income from operations was down 7.38 per cent to Rs 575.87 crore throughout the interval underneath overview as towards Rs 621.77 crore within the corresponding three months of the earlier fiscal. Relaxo Footwears’ complete bills had been at Rs 480.56 crore, down 12.48 per cent, as towards Rs 549.12 crore in Q2 FY2019-20.

The corporate’s operations are virtually at pre-COVID ranges and the liquidity place additionally is kind of good, stated Relaxo Footwears. “With the easing out of COVID-19 associated restrictions, the demand of our merchandise is on an upward development, due to this fact the corporate is ready to obtain 93 per cent gross sales, as in comparison with the corresponding quarter of the earlier yr,” it stated.

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