Footwear major, Bata India reported a 26 per cent increase in its net profit at Rs 27 crore for the quarter ended June 30, 2009, as compared to Rs 21 crore in the corresponding previous, while sales grew by 8 per cent during the quarter under review to touch Rs 308 crore, up from Rs 285 crore in the corresponding period last year.
Marcelo Villagran, managing director, Bata India, said: “Our strategy of opening large format stores continues to give us success and we continue to invest in expanding our retail business. New collection, better shoe designs, value pricing, coupled with improved customer service, has helped us to grow.”
Bata India opened 12 retail stores and also renovated 25 existing stores during the period under review.