Relaxo Footwear Reports Declining Sales and Liquidity Challenges in June 2025 Results

Relaxo Footwears, a midcap player in the footwear industry, has recently reported its financial results for the quarter ending June 2025. The results indicate a challenging period for the company, with net sales recorded at Rs 654.49 crore, reflecting a decline of 12.52% year-on-year. This figure marks the lowest sales performance in the last five quarters, suggesting a concerning trend in near-term sales.
Additionally, the company's cash and cash equivalents have reached a low of Rs 42.06 crore over the past six half-yearly periods, indicating a deterioration in short-term liquidity. While there was a notable increase in non-operating income, which peaked at Rs 11.32 crore in the last five quarters, this rise may not be sustainable, as it stems from activities outside the core business operations.

In light of these developments, Relaxo Footwear has experienced an adjustment in its evaluation, with its score shifting to -6 from -7 over the past three months. This revision reflects the ongoing challenges the company faces in its financial landscape.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.