Relaxo’s FY revenues rise but earnings slip on higher costs
Relaxo Footwears, an Indian group that sells shoes under various brands including Sparx, Flite and Bahamas, posted revenues from operations of 2,783 crore rupee (€312.0m) in the full year ended March 31, up by 4.88 percent year-on-year. Total income grew by 4.65 percent to INR 2,801 crore (€314m).
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