Liberty Shoes Treads Through Profit Decline Amid Revenue Growth

Liberty Shoes Ltd has recorded a 5.5% decrease in net profit for the March quarter of the fiscal year ending in 2026, with profits reaching Rs 5.29 crore. This downturn contrasts with the same quarter last year, where profits were Rs 5.60 crore, as per their regulatory filing.

Despite the dip in profits, the company's overall income experienced a positive shift, increasing by 13% to Rs 212.27 crore in the March quarter this year from Rs 187.80 crore the previous year. Total expenditures for the period also saw a rise, up 15.22% to Rs 206.15 crore.

On an annual scale, Liberty Shoes has seen a 17.5% decrease in net profit, bringing it down to Rs 11.19 crore for FY26. Nonetheless, total revenue for the fiscal year exhibited growth, climbing 9.5% to Rs 740.5 crore. On the BSE, shares closed at Rs 250, marking a slight decrease from the prior day's close.

(With inputs from agencies.)