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“ The company reported nominal revenue increase during the quarter, largely due to weak consumer sentiments driven by election related disruptions and severe heat conditions in many parts of India. We operate in a labour intensive industry which was impacted by an abnormal increase in minimum wages as mandated by the government. We decided not to pass on the higher costs to consumers in the current subdued market conditions, which has impacted profitability in this quarter. Capex incurred to manufacture higher volumes in the future have also led to higher depreciation expenses in this quarter,
Ramesh Kumar,
Relaxo falls 3% on weak Q1FY25 results; record date for dividend…

Statements by Ramesh Kumar

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Ramesh Kumar,
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Ramesh Kumar,
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“ They come and inspect the area before every F&CC meeting, but after that nothing happens,
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