Relaxo Footwears Q3 FY26 Profit Dips 20% to ₹26.5 Cr Despite Stable Revenue

• Relaxo Footwears reported a 19.6% decline in net profit, falling to ₹26.54 crore in Q3 FY26 compared to ₹33.01 crore in the previous fiscal year.
• Revenue from operations saw a marginal increase, reaching ₹668.03 crore in the December quarter, up from ₹666.9 crore year-on-year.
• Total expenses for the company rose by 2.22% to ₹643.07 crore in Q3 FY26.
• Managing Director Ramesh Kumar Dua noted stable revenue due to continuous sales transformation efforts, with strong performance in organised retail, e-commerce, and large-format stores.
• Shares of Relaxo Footwears Ltd closed up 6.11% at ₹393.15 on BSE following the results.

Why It Matters: Relaxo Footwears saw a profit decline in Q3 FY26 despite stable revenue, driven by increased expenses.