Relaxo Footwears Q2 profit rises 3% to Rs 37 crore

GreyOak summary

Relaxo Footwears reported a 2.8% year-on-year increase in net profit to ₹37 crore for Q2 FY27, driven by an 11.6% revenue rise to ₹701.6 crore. EBITDA grew 5.2% to ₹85.3 crore, though margins compressed slightly to 12.2% due to raw material volatility and higher labor costs. The company added 16 outlets, expanding its network to 445 stores.