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Relaxo Footwears Q4FY19 Update & Outlook by AD is a document available to read on EtoBox.

Relaxo Footwears reported a 15.5% year-over-year increase in quarterly revenue to Rs. 635.7 crore, driven by double-digit volume growth. Operating margins declined by 280 basis points due to higher expenses, but adjusted profit remained flat. The company expects to maintain double-digit revenue growth through volume and price increases while margins are forecast to improve gradually. With a large addressable market and shift to organized players, Relaxo is well positioned for sustained growth.

Author

AD

Language

EN