On Monday Relaxo Footwears has reported 95.60 percent rise in its standalone net profit at Rs 42.68 crore for the fourth quarter ended March 31,2015.

In a BSE filing Relaxo Footwears said, “The company had posted a net profit of Rs 21.82 crore in the January-March period of the previous fiscal.”

During the quarter under review, the net sales of the company on a standalone basis increased by 18.13 percent to Rs 438.11 crore as compared to Rs 370.87 crore for the same period a year ago it added.

Company’s standalone net profit for the financial year ended March 2015 increased 57.54 percent to Rs 103.40 crore as against Rs 65.63 crore in the previous fiscal.

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