Relaxo Footwears will declare their second quarter earnings today

NEW DELHI: Relaxo Footwears is ready to announce its second quarter results for the 2019-20 fiscal year on Saturday, November 2.

The company's earnings before depreciation and amortization of interest tax (EBITDA) increased by 28 percent to Rs 106 Rs in the first quarter of 2019 from Rs 83 Rs in the first quarter of the previous year. In addition, there was a growth in revenue due to a favorable mix of products and an increase in volumes.n On Friday, November 1, the actions of Relaxo Footwears closed at Rs 545.95 in both NSE and BSE.nRelaxo Footwears is one of the Main manufacturers of shoes, canvas shoes, light shoes, PVC footwear, etc. from Hawaii