Relaxo's Q2 profits decline on weak sales, higher expenses
Relaxo Footwears, an Indian group that sells shoes under various brands including Relaxo, Flite, Bahamas and Sparx, posted revenues from operations of 748.2 crore rupee (€81.9m) in the second quarter ended June 30, up by 1.3 percent year-on-year. Total income grew by 1.0 percent to INR 753.6 crore (€82.4m).
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