RELAXO FOOTWEARS LTD.-$ - 530517 - Board Meeting Outcome for Outcome Of The Board Meeting Dated March 29, 2024
Disclosure pursuant to Regulation 30 read with para A of part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. RELAXO FOOTWEARS LTD.-$ - 530517 - Closure of Trading Window
Closure of Trading Window for Quarter and Financial Year ending on March 31, 2024. RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement regarding loss of share certificates RELAXO FOOTWEARS LTD.-$ - 530517 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Loss of share certification RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Change in Directorate
Change in Whole Time Director w.e.f. March 31, 2024.
Neutral Relaxo Footwears; target of Rs 850 : Motilal Oswal
Motilal Oswal recommended Neutral rating on Relaxo Footwears with a target price of Rs 850 in its research report dated January 31, 2024.
Relaxo Footwears Q3 FY24 Results Live: Profit Rises by 28.14% YoY
Relaxo Footwears Q3 FY24 Results Live: Revenue Increased by 4.65% YoY & Profit Increased by 28.14% YoY Q3FY24 Quarterly & 9MFY24 Result Announced for Relaxo Footwears Ltd.
Relaxo Footwears announced Q3FY24 & 9MFY24 results: Highlights for Q3FY24: Revenue reached Rs 713 crore, showing a 5% YoY growth compared to Rs 681 crore in Q3FY23. The growth is attributed to higher sales volumes during the period. EBITDA stood at Rs 87 crore in Q3FY24, reflecting a 21% YoY growth from Rs 72 crore in the corresponding quarter of the previous year. The EBITDA margin increased to 12.2%, up by 162 bps from 10.6% in Q3FY23, driven by softening raw material prices and operational efficiencies. Profit after Tax reached Rs 39 crore in Q3FY24, marking a 28% YoY increase from Rs 30 crore in Q3FY23. The PAT margin improved by 99 bps, standing at 5.4% in Q3FY24 compared to 4.4% in the corresponding quarter of the previous year. Highlights for 9MFY24: Revenue reached Rs 2,167 crore, reflecting a 7% increase compared to Rs 2,018 crore in 9MFY23. EBITDA stood at Rs 286 crore in 9MFY24, showing a significant 31% increase from Rs 218 crore in 9MFY23. The EBITDA margin improved to 13.2%, up by 242 bps from 10.8% in 9MFY23. Profit after Tax reached Rs 139 crore in 9MFY24, marking a substantial 53% YoY improvement from Rs 91 crore in 9MFY23. The PAT margin increased to 6.4% in 9MFY24, up by 190 bps from 4.5% in 9MFY23. Commenting on the results and performance, Ramesh Kumar Dua, Managing Director said: “We have achieved a modest performance during the quarter, both in terms of revenue and profitability, as the market continues to remain challenging. The volume growth in open footwear has significantly contributed to positive momentum. Softening of raw material prices on a YoY basis has contributed to better margins, which was partly offset by increased expenses. To have a direct connection with consumers and to control discounts, we have started selling products on marketplaces as “Brand As Seller” and on the company’s website. We are initiating direct connect programs with Multiple Brand Outlets by offering direct benefits to retailers. We anticipate that these strategic initiatives will improve our growth going forward.” Result PDF RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement for Unaudited Financial Results for quarter and nine months ended on December 31, 2023. RELAXO FOOTWEARS LTD.-$ - 530517 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Cancellation of ESOP