'For the quarter ending Dec 2023, standalone Net sales (including other operating income) of Relaxo Footwears has increased 4.65% to Rs 712.71 crore compared to quarter ended Dec 2022.  Operating profit margin has jumped from 10.61% to 12.23%, leading to 20.65% rise in operating profit to Rs 87.17 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 44.41% to 38.06%.   Purchase of finished goods cost rose from 3.03% to 3.21%.   Employee cost increased from 12.55% to 13.89%.   Other expenses rose from 29.49% to 32.24%.   

Other income up 35.52% to Rs 5.99 crore.  PBIDT rose 21.51% to Rs 93.16 crore.  Provision for interest up 17.23% to Rs 4.83 crore.  

PBDT rose 21.75% to Rs 88.33 crore.  Provision for depreciation rose 17.30% to Rs 37.5 crore.  

Profit before tax grew 25.26% to Rs 50.83 crore.  Provision f...

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