Relaxo Footwear Q4 net profit soars 95.51 percent

Relaxo Footwear’s net profit increased 95.51 percent to Rs 42.68 crores for the fourth quarter ended March 2015 against Rs 21.83 crores during the previous quarter ended March 2014. Sales rose 18.13 percent to Rs 438.12 crores in the quarter against Rs 370.88 crores during the quarter ended March 2014.

For the full year, net profit rose 56.99 percent to Rs 103.05 crores in the year ended March 2015 as against Rs 65.64 crores during the previous year ended March 2014. Sales rose 22.14 percent to Rs 1,472.78 crores in the year against Rs 1205.83 crores during the previous year.