Footwear company Relaxo Footwears announced Q1FY26 results Revenue at Rs 654 crore in Q1FY26 as compared to Rs 748 crore in Q1FY25 on account of continued muted consumer sentiment especially in the mass and mid market segment coupled with intense regional competition in the general distribution channel. EBITDA stood at Rs 99 crore in Q1FY26, similar to the corresponding quarter of the previous year. EBITDA margin of 15.2% in Q1FY26, expanded by 198 bps from 13.2% in Q1FY25 due to increased focus on operational efficiencies. Profit after Tax at Rs 49 crore in Q1FY26, grew by 10.2% YoY, with a stronger PAT Margin of 7.5% compared to 5.9% in Q1FY25. Ramesh Kumar Dua, Chairman and Managing Director said: “As we reflect on Q1FY26, it was a quarter that came with its share of challenges. Consumer demand remained muted, particularly in the mass and mid-market segments, while regional competition in general trade intensified from smaller players who have gained ground since the GST increase from 5% to 12% in 2022. Even as these pressures strained our ecosystem, we consciously avoided short term tactics such as deep discounting while staying steadfast in our commitment to protect overall profitability. At the same time, we remained focused on our sales transformation journey and the expansion of our distribution network, steps that will place the business on a stronger footing in the future. Encouragingly, we were able to improve operating margins during the quarter through enhanced operational efficiencies, disciplined cost management and streamlined backend processes. These productivity measures will help build a strong foundation for improved financial performance ahead. While it will take some time for the topline to stabilize and improve, our long-term priority remains sustainable, profitable growth. The groundwork we are laying today gives us confidence in delivering stronger results in the quarters to come.” Result PDF