Relaxo Footwears announced its Q3 FY26 results, reporting stable revenue at ₹668 crores. EBITDA stood at ₹69 crores, with a margin of 10.4%. Profit After Tax was reported at ₹27 crores, resulting in a PAT margin of 4.0%. The company faced subdued market conditions and increased sales promotion expenses, impacting profitability.
Q3 FY26 Financial Performance
Relaxo Footwears reported revenue from operations of ₹668 crores in Q3 FY26, a slight increase from ₹667 crores in Q3 FY25.
EBITDA for Q3 FY26 stood at ₹69 crores, compared to ₹83 crores in Q3 FY25. The EBITDA margin was 10.4%.
Profit After Tax for Q3 FY26 was ₹27 crores, with a PAT margin of 4.0%.
9M FY26 Performance Overview
For the nine months ended December 31, 2025, Relaxo Footwears reported revenue from operations of ₹1,951 crores compared to ₹2,094 crores in the corresponding period of the previous year.
EBITDA for 9M FY26 was ₹250 crores, resulting in an EBITDA margin of 12.8%.
Profit After Tax for the same period was ₹112 crores, with a PAT margin of 5.7%.
Key Highlights
Revenue remained stable at ₹668 crores despite challenging market conditions.
EBITDA stood at ₹69 crores; The EBITDA margin was impacted by increased sales promotion and one-time costs related to the new labour code amounting to ₹5.7 crores.
Profit After Tax was ₹27 crores, with a PAT margin of 4.0%.
Chairman’s Commentary
Mr. Ramesh Kumar Dua, Chairman and Managing Director, noted that the company reported stable revenue after a sequential decline. Continuous efforts in sales transformation have led to positive developments, with organised retail, e-commerce, and large format retail stores showing strong performance.
He added that increased sales promotion initiatives, implemented to counter competition and support distributors, positively impacted the topline, though margins faced pressure due to these expenses and one-time costs associated with the new labour code.
Source: BSE
