Liberty Shoes Limited reported a 5.5% year-on-year decline in net profit to Rs 5.29 crore (US $552,000) for the fourth quarter ended 31st March 2026, despite recording double-digit growth in revenue. The company had posted a net profit of Rs 5.60 crore (US $585,000) during the corresponding quarter of the previous financial year, according to a regulatory filing.
Liberty Shoes’ total income for the January–March quarter rose 13% to Rs 212.27 crore (US $22.17 million), compared to Rs 187.80 crore (US $19.62 million) in the same period last year.
The company’s total expenses during the quarter increased 15.22% year-on-year to Rs 206.15 crore (US $21.53 million), reflecting higher operational costs.
For the full financial year FY26, Liberty Shoes reported a 17.5% decline in net profit to Rs 11.19 crore (US $1.16 million). However, the company’s total revenue for the financial year ended 31st March 2026, increased 9.5% year-on-year to Rs 740.5 crore (US $77.35 million).
Liberty Shoes Limited is one of India’s leading footwear manufacturers and retailers. The company offers a wide portfolio of products including formal shoes, casual footwear, sports shoes, sandals, slippers and fashion footwear for men, women and children. Liberty Shoes operates through a widespread retail and distribution network across India, with a presence in multi-brand outlets, exclusive brand stores and e-commerce platforms. The company also exports footwear products to several international markets.
