Relaxo Footwears Reports Declining Profitability Amidst Rising Non-Operating Income in May 2025

Relaxo Footwears, a midcap player in the consumer durables industry, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 9, 2025, indicate a notable adjustment in evaluation, with the score shifting to -4 from -10 over the past three months.
The financial data reveals several key trends. Profit Before Tax (PBT), excluding other income, stands at Rs 67.27 crore, reflecting a year-on-year decline of 12.90%. This trend suggests challenges in maintaining profitability in the near term. Similarly, net sales for the quarter reached Rs 695.15 crore, which represents a year-on-year decrease of 6.97%, indicating difficulties in revenue generation. Profit After Tax (PAT) also shows a decline, recorded at Rs 56.22 crore, down 8.4% year-on-year, further emphasizing the challenges faced by the company.

On a more positive note, Relaxo Footwears reported its highest non-operating income in the last five quarters at Rs 8.09 crore. However, the sustainability of this income from non-business activities remains uncertain.

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