Relaxo Footwears saw its shares drift over 2% in Friday’s early trade after the company posted a softer set of numbers for the September quarter. The performance reflected slower demand and pressure on operating earnings compared to last year. As of 9:37 AM, the shares were trading 2.05% higher at Rs 420.75.
For Q2 FY26, the company reported revenue of ₹629 crore, a decline of 7.5% from ₹679 crore in the same period last year. Weaker sales across key categories dragged the topline lower.
EBITDA also eased 7.3% to ₹81.2 crore, compared to ₹87.6 crore a year ago. Despite the dip in operating profit, the margin held steady at 12.9%, indicating stable cost discipline even in a softer demand phase.
Net profit for the quarter came in at ₹36.2 crore, slightly lower than ₹36.7 crore last year, marking a modest decline of 1.6%.
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