Relaxo Footwears Ltd. reported a decline in Q2 FY25 revenue to INR 679 crores from INR 715 crores in Q2 FY24, with a PAT of INR 37 crores compared to INR 44 crores in the previous year quarter, attributed to weak market demand; H1 FY25 revenue was INR 1,428 crores and PAT stood at INR 81 crores, indicating overall decreased profitability.