5305172022-04-012022-06-305305172022-04-012022-06-30in-bse-fin:OtherExpenses1Member5305172022-04-012022-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15305172022-04-012022-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares530517RELAXOINE131B01039RELAXO FOOTWEARS LIMITEDEquity2022-04-012023-03-312022-07-262022-07-14INRCroresFirst quarterSingle segmentFootwear and Related Products2022-07-2612:00:002022-07-2615:25:00Not applicable2022-04-012022-06-30UnauditedStandalone66715000004170000067132000003069400000152700000-15930000087170000068700000298400000187580000061774000005358000000535800000158300000-920000014910000003867000000000386700000-7000003860000000024890000011.551.55001.551.550.00010.04730.0881. The above results were reviewed by the Audit Committee and have been approved by the Board of Directors at their meeting held on July 26, 2022. The Statutory auditors have conducted a limited review of the above unaudited financial results and have expressed an unmodified report on the same. <BR> <BR> 2. Based on guiding principles given in Ind AS 108 "Operating Segments", the Company's business activity falls within a single operating segment namely, "Footwear and Related Products", hence, the disclosure requirements relating to "Operating Segments" as per Ind AS 108 are not applicable. <BR> <BR> 3. ICRA has retained Long term rating of the Company at [ICRA] AA with Positive outlook and also retained Short Term rating at [ICRA] A1+. <BR> <BR> 4. The Company has applied practical expedient as per amendment to Ind AS 116 “Leases” on COVID-19 related rent concessions and recognised gain of Nil in other income for the quarter ended June 30, 2022 (INR 2.35 crores for the quarter ended June 30, 2021). <BR> <BR> 5.There was a fire at one of the Company's rented warehouse in Haryana on May 28, 2022 where finished goods were stored and goods worth INR 31.87 crores were destroyed. We have accounted for a loss of INR 1.59 crores as per excess clause of insurance policy . The Company has filed the insurance claim , which will take time in final settlement. Overall, this incident has not impacted the business operations. <BR> <BR> 6.The Company has done assessment of recoverability and carrying values of its assets comprising of receivables, inventories, plant and equipment, intangible assets and on the basis of assessment, the Company expects to recover the carrying amount of these assets. The Company will continue to closely monitor any material changes to future economic conditions due to uncertainties linked to COVID -19. Other Expenses1875800000Amount of items that will not be reclassified to profit and loss-1000000-1000000-300000Amount of items that will be reclassified to profit and loss000