Bata India Results

Bata's consolidated net profit rises 15% to Rs 83 crore in December quarter

Footwear maker Bata Ltd on Tuesday reported a 15 per cent increase in consolidated net profit at Rs 83.19 crore in the third quarter ended December 2022. The company had posted a consolidated net profit of Rs 72.32 crore in the same period last fiscal, Bata India said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 900.21 crore as compared to Rs 841.3 crore in the year-ago period, it added. Total expenses during the quarter stood at Rs 798.04 crore, up from Rs 757.6 crore in the same period a year ago, it added. "Continuous focus on refreshing product portfolio with our strategy of casualisation and offering premium fashionable products reflected in overall ASP (average selling price) growth and expansion in share of our premium category brands like Hush Puppies, Marie Claire, Red Label, etc, that was backed by festivity and wedding season in the quarter," Bata India Ltd MD and CEO Gunjan Shah said.

Bata India expands footprint but performs below expectations in Q1

Footwear manufacturer trails peers on 3-year growth parameter

Bata India profit rises 72% to Rs 119 cr; net sales up at Rs 943 cr in Q1

Bata India on Thursday reported a 71.82 per cent rise in consolidated net profit at Rs 119.37 crore for the first quarter of FY23 as the shoemaker achieved the "highest ever quarterly sales". The company had posted a net profit of Rs 69.47 crore in the April-June quarter a year ago, Bata India Ltd said in a BSE filing. Its revenue from operations during the quarter under review was at Rs 943.01 crore, up over three-fold from Rs 267.04 crore in the pandemic-hit corresponding quarter of FY22. "A direct outcome of the continued focus on key thrust areas of franchise & MBO expansion, consumer relevant communication, portfolio casualisation and digital footprint expansion was reflected in the quarterly sales reaching a lifetime high," Bata India said its earnings statement. This was supported by a continuous increase in portfolio and marketing investments. Moreover, footfalls across retail outlets saw a significant growth besides sales through digital channels, it added. Bata India's .

Bata India profit rise nearly three folds at Rs 72 cr in December quarter

Bata India on Tuesday reported nearly three-fold increase in consolidated net profit at Rs 72.32 crore for December quarter 2021-22. The company had posted a net profit of Rs 26.41 crore in the year-ago period, Bata India said in a BSE filing. Revenue from operations was up at Rs 841.30 crore during the quarter under review as against Rs 615.62 crore. "Backed by improved sales during the festive season and re-opening of economy, revenue from operations for the quarter stood at Rs 841.3 crore and profit before tax was Rs 97.27 crore," said Bata India a post earning statement. Total expenses were at Rs 757.54 crore as against Rs 588.10 crore in the year-ago period. "In this quarter, we saw significant improvement in customer sentiment. Additionally, we kept expanding our reach through new franchise stores & multi-brand outlets," Bata India MD and CEO Gunjan Shah said. During the quarter, Bata India opened 34 new franchise stores, expanded availability via a distribution channel tha

Bata India reports Rs 69 crore net loss for Q1; revenue rises 98%

During the quarter, its cost of materials consumed jumped 189 times to Rs 33.2 crore but a deduction due to its inventory positions, kept losses in control.

Bata India Q4 net falls 23%, announces dividend of Rs 4 per share

Revenue from operations was down to Rs 589.90 crore during the quarter under review from Rs 620.57 crore in the corresponding quarter of 2019-20

Bata India re-rating hinges on strong show by revenue spinning premium biz

Analysts believe Bata's margin and earnings growth would see relatively more pressure than players like Relaxo Footwears

No layoffs so far, but raging Covid-19 a concern: Bata India chairman

As of March, the company had 9,762 employees across functions and locations, of which 4000-4500 are on third-party contract, he said

Bata India gains nearly 50% so far in CY2019; should you buy the stock?

On a standalone basis, net profit grew 28.2 per cent to Rs 71.37 crore.

Bata India Q4 profit up 27% to Rs 36 crore

It had posted Rs 28.2 crore net profit for the January- March period of FY16