Footwear company Relaxo Footwears announced Q3FY25 results Revenue at Rs 667 crore in Q3 FY25 as compared to Rs 713 crore in Q3 FY24 impacted by lower volume amidst a weak demand environment, despite increase in the average price realisation. EBITDA at Rs 83 crore in Q3 FY25 as against Rs 87 crore in corresponding quarter of previous year. EBITDA margin at 12.5% during the quarter as compared to 12.2% in Q3 FY24. Profit after Tax at Rs 33 crore in Q3 FY25. Commenting on the results and performance, Ramesh Kumar Dua, Chairman and Managing Director said: "Given the overall weak consumer demand, particularly in the mass and value segments, the Company’s continued focus has been to revamp the distribution system. The introduction of the “Relaxo Parivaar” app has not only helped us to increasingly streamline our network of distributors and retailers but is also setting the stage for the future expansion of this network. We believe this effort, while exhibiting short term pain over the last few quarters in terms of decline in volumes, is slowly getting accepted by all business partners. We expect our distribution system to stabilise over the next 2-3 quarters and are hopeful that the results will begin to show post that. Furthermore, we continue to improve our online presence through the “Brand as a Seller” model and are regularly launching exclusive offerings which shall contribute to the growth of this important channel. On the cost front, our focus remains on cost optimization efforts targeting operational efficiencies and involves the Company’s manufacturing facilities as well as the vendors. We are confident that the curated investments that we have undertaken in this depressed market scenario will set the stage for growth and profitability in the medium to longer term." Result PDF