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Apparel

Relaxo Footwear Q4 revenues grow 20.6 percent

Relaxo has reported mixed set of numbers for the fourth quarter ending in FY 2013. Revenue for the quarter grew considerably by 20.6 percent year-on-year and stood at Rs 291 crores, says an Angel Broking report. It was beyond agency’s expectations of Rs 275 crores. However, on the operating margin front the company witnessed a contraction of 269...

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