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Relaxo Footwears’ Q3 net profit up 52 percent

Indian footwear major Relaxo Footwears clocked in a 52 percent increase in its net profit to Rs 54 crore ($7.6 million) for the period ended December 31, 2019, as against Rs 36 crore it had posted in the same period a year-ago. The company’s revenue for the October-December quarter rose 9 percent to Rs 602 crore as compared to Rs 554 crore it...

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