Relaxo Footwear, an Indian group that sells shoes under the Sparx, Flite and Bahamas brands, said that its net profit rose by 77 percent to 710 million rupees (€9.02m-$9.99m) in the fiscal second quarter ended on Sept. 30 as revenues grew by 13 percent to 6,230 million rupees (€79.14m-$87.66m).