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Bata India Results

Bata India share price drops 3% on weak Q2 operational performance

The fall in the Bata India share price came on the back of weak operational performance posted by the company in the September quarter of financial year 2025 (Q2FY25)

Bata India share price drops 3% on weak Q2 operational performance
Updated On : 05 Nov 2024 | 10:29 AM IST

Bata India Q2 results: Pofit up 53% to Rs 52 cr, revenue rises to Rs 837 cr

Leading shoemaker Bata India Ltd on Monday reported 53 per cent rise in consolidated net profit at Rs 51.97 crore for the second quarter ended September 2024. It had posted a net profit of Rs 33.99 crore for July-September FY24, according to a regulatory filing from Bata India. Revenue from operations was up 2.2 per cent to Rs 837.14 crore during the quarter under review. Total expenses in September quarter was at Rs 784.55 crore, up 5 per cent year-on-year. Total income, which includes other income, was up 2.36 per cent to Rs 854.32 crore. Shares of Bata India Ltd on Monday settled at Rs 1,336.90 apiece on BSE, down 1.47 per cent.

Bata India Q2 results: Pofit up 53% to Rs 52 cr, revenue rises to Rs 837 cr
Updated On : 04 Nov 2024 | 7:37 PM IST

Stocks To Watch On August 7: Real estate, SBI, Lupin, Tata Power, Bata

As of 6:31 AM, GIFT Nifty futures were up 84 points, trading at 24,140.5, suggesting a positive start for the Indian bourses.

Stocks To Watch On August 7: Real estate, SBI, Lupin, Tata Power, Bata
Updated On : 07 Aug 2024 | 7:48 AM IST

Bata India Q1 results: Net profit jumps 63% to Rs 174 cr, revenue dips 1.4%

Shoemaker Bata India Ltd on Tuesday reported an increase of 62.84 per cent in its consolidated net profit at Rs 174.36 crore in the first quarter ended June 2024, helped by margin expansion and gains from sale of industrial land. It had posted a net profit of Rs 106.89 crore in the April-June period a year ago, according to a regulatory filing from Bata India. However, its revenue from operations was down 1.41 per cent to Rs 944.63 crore during the quarter under review. It was at Rs 958.14 crore in the corresponding period a year ago. "The results for the quarter demonstrate disciplined execution of our strategies on premiumisation, investment in marketing and technology, elevating the customer experience, by maintaining gross margins in the face of sluggish consumption momentum during the quarter," said an earnings statement from the company. Besides, Bata also had a one-time gain on the sale of property of Rs 134 crore in the June quarter. "The results for the quarter also ...

Bata India Q1 results: Net profit jumps 63% to Rs 174 cr, revenue dips 1.4%
Updated On : 06 Aug 2024 | 9:10 PM IST

Bata India share price rises 3% as management sees demand revival ahead

Bata stock's ascent followed optimistic remarks from management regarding the potential for demand recovery in the near future

Bata India share price rises 3% as management sees demand revival ahead
Updated On : 30 May 2024 | 11:19 AM IST

Bata India Q2 results: Net profit falls 38% to Rs 34 cr, revenue down 1%

Leading shoemaker Bata India Ltd on Wednesday reported a decline of 37.77 per cent in its consolidated net profit at Rs 34 crore in the second quarter ended September 2023, citing exceptional items in its balance sheet. It had posted a net profit of Rs 54.62 crore in the July-September period a year ago, according to a regulatory filing from Bata India. Bata India's profit before tax and exceptional items stood at Rs 87 crore in the second quarter of this fiscal, helped by "consistent efficiency improvements across operations", the company said in an earnings statement. Its revenue from operations was down 1.28 per cent to Rs 819.11 crore during the quarter in comparison to Rs 829.75 crore in the corresponding period a year ago. Total expenses of Bata India in the September quarter was at Rs 747.61 crore, down 5.31 per cent. Under exceptional expenses, Bata India spent Rs 40.90 crore on the voluntary retirement scheme (VRS) at its one manufacturing unit during the quarter. Bata I

Bata India Q2 results: Net profit falls 38% to Rs 34 cr, revenue down 1%
Updated On : 08 Nov 2023 | 8:12 PM IST

Bata re-enters premium segment, eyes 20% sales from online channels

With inflation cooling off, leading shoemaker Bata is re-entering the premium price points with fresh portfolios while it increases spending on advertising and promotions to connect with young digital savvy consumers, according to company Managing Director and CEO Gunjan Shah. The company, as part of its sales strategy, is expanding its presence in both channels - physical stores and online - and expects e-commerce to contribute 20 per cent of its total sales in the next two to three years, he said. Bata is also pushing for offline sales growth and expects a major chunk of growth to come from its expansion under the franchise model, where it plans to add another 125 stores in FY24 and increase its presence at multi-brand outlets (MBOs). Though with the opening of offices and schools, sales of casual wear products have increased, Shah said the trend of casualization would continue in the long term and Bata is pursuing it by extending its mid-premium brands Hush Puppies and Red Label

Bata re-enters premium segment, eyes 20% sales from online channels
Updated On : 15 Aug 2023 | 2:26 PM IST

Optimistic about company's future growth, says Bata India chairman

Footwear maker Bata India chairman Ashwini Windlass is optimistic about the company's future growth given the market outlook and said it is focusing on strategies to retain a high growth trajectory that includes expanding its distribution footprint. Bata India's net profit jumped to Rs 319 crore in 2022-23, up from Rs 100 crore in the previous year. Revenue for the year was Rs 3,451.5 crore, Windlass told shareholders at the company's 90th AGM. The company's retail sales accounted for 75 per cent of its revenue and non-retail the remaining 25 per cent, while R&D expenses during 2022-23 were over Rs 6 crore, he said. The company will invest about Rs 100 crore during the year and will focus on 'casualisation' and 'premiumisation'. It will expand in the multiformat, besides in digital footprint and agile supply chain, he said. Windlass said Bata India wants shorter lifecycles of products tracking the latest fashion and non-footwear is a focus area. Bata India has recently started ..

Optimistic about company's future growth, says Bata India chairman
Updated On : 10 Aug 2023 | 5:10 PM IST

Bata India posts first profit drop in two years on sluggish demand

Bata has lagged its peers due to a slow pace of innovation and ebbing brand pull, while its lower-price products have grown at a slower pace, brokerage Ambit Capital had said in a note in May

Bata India posts first profit drop in two years on sluggish demand
Updated On : 09 Aug 2023 | 11:12 PM IST

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's consolidated net profit rises 15% to Rs 83 crore in December quarter
Updated On : 14 Feb 2023 | 9:04 PM IST

Bata India expands footprint but performs below expectations in Q1

Footwear manufacturer trails peers on 3-year growth parameter

Bata India expands footprint but performs below expectations in Q1
Updated On : 26 Aug 2022 | 6:00 AM IST

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 rises 72% to Rs 119 cr; net sales up at Rs 943 cr in Q1
Updated On : 12 Aug 2022 | 12:17 AM IST

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 profit rise nearly three folds at Rs 72 cr in December quarter
Updated On : 08 Feb 2022 | 8:48 PM IST

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 reports Rs 69 crore net loss for Q1; revenue rises 98%
Updated On : 11 Aug 2021 | 9:03 PM IST

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 Q4 net falls 23%, announces dividend of Rs 4 per share
Updated On : 09 Jun 2021 | 9:38 PM IST

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

Bata India re-rating hinges on strong show by revenue spinning premium biz
Updated On : 10 Sep 2020 | 10:22 PM IST

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

No layoffs so far, but raging Covid-19 a concern: Bata India chairman
Updated On : 06 Aug 2020 | 8:32 PM IST

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 gains nearly 50% so far in CY2019; should you buy the stock?
Updated On : 14 Nov 2019 | 10:21 AM IST

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

Bata India Q4 profit up 27% to Rs 36 crore
Updated On : 15 May 2017 | 11:23 PM IST