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Bata India slides 7% as net profit tanks 78% YoY in December quarter

Bata India should be able to revive its revenue growth trajectory as and when the impact of the Covid-19 is phased out, say analysts

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Bata India | Buzzing stocks | Markets

SI Reporter  |  Mumbai 

bata store, shoes, footwear, sandals
The profit after tax declined 77.7 per cent to Rs 26.4 crore from Rs 118.3 crore in the corresponding quarter of previous fiscal

Shares of skid 7 per cent to Rs 1,462 in the intra-day trade on the BSE on Thuraday on weak earnings show in the December quarter. With today's fall, the stock is trading 21 per cent lower from its 52-week high level of Rs 1,839 touched on February 12, 2020.

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First Published: Thu, February 11 2021. 10:49 IST
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