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Bata India Ltd News

Bata India Q3 results: Net profit grows 1.2% to Rs 58.7 cr, revenue up 1.7%

Leading shoemaker Bata India Ltd on Monday reported a marginal increase of 1.2 per cent in consolidated net profit at Rs 58.7 crore for the third quarter ended December 2024 on account of exceptional items. It had posted a net profit of Rs 57.97 crore for the October-December period a year ago, according to a regulatory filing from Bata India. Revenue from operations was up 1.69 per cent to Rs 918.79 crore during the quarter under review. The company has "a volume-led revenue growth" and "EBIDTA margin expanded by 141 basis points, resulting in a PAT of Rs 58 crore," said Bata India in its earning statement. "The results for the quarter also include a one-time exceptional expenditure of Rs 10.8 crore towards VRS in our factory - consistent with our long-term strategy towards building capability, agility and efficiency in our supply chain," it added. Total expenses in the December quarter were at Rs 840.57 crore, marginally up year-on-year. Total income, which includes other income

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Updated On : 10 Feb 2025 | 8:09 PM IST

ITC, Zomato, Bata India: 5 stocks to buy for upto 22% gain post Budget 2025

Technical charts shows that shares of ITC, Bata India, Campus Activewear, Kaveri Seed and Zomato are on the brink of a positive breakout; hence can potentially rally up to 22% in the near-term.

ITC, Zomato, Bata India: 5 stocks to buy for upto 22% gain post Budget 2025
Updated On : 01 Feb 2025 | 1:43 PM IST

Bata India rolls out voluntary retirement scheme for workers at Hosur

The footwear company announced a voluntary retirement scheme for eligible workers at its Hosur unit in Tamil Nadu, aiming for benefit both the company and its employees

Bata India rolls out voluntary retirement scheme for workers at Hosur
Updated On : 30 Dec 2024 | 5:18 PM IST

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 | 10:25 AM IST

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

FIIs unwind Nifty longs, add shorts in Bank Nifty; Experts see more pain

Derivatives market update for Oct 04: Data shows Balrampur Chini, Dabur, Bata India, Reliance, Axis Bank and Manappuram Finance are few of the F&O stocks that saw short build-up on Thursday.

FIIs unwind Nifty longs, add shorts in Bank Nifty; Experts see more pain
Updated On : 04 Oct 2024 | 9:16 AM IST

F&O Cues: Premium jumps in Nifty, Bank Nifty futures; options flag caution

Derivatives market update for Sept 06: The Nifty PCR dipped from 0.74, while Bank Nifty to 0.78; reflecting a cautionary trend said Dhupesh Dhameja of SAMCO Securities. Max Financial see short buildup

F&O Cues: Premium jumps in Nifty, Bank Nifty futures; options flag caution
Updated On : 06 Sep 2024 | 9:23 AM IST

Consumption to revive in coming qtrs, e-commerce to drive growth: Bata CEO

Terming "sluggish consumption" as "temporary", leading shoemaker Bata expects a revival in coming quarters, helped by festive season demand and retail expansion, according to its India Managing Director and CEO Gunjan Shah. The company expects e-commerce, which is now a "profitable and viable business, to be its growth driver as it has been expanding online sales through its portal and channel partners. Besides, Bata as part of its strategy to attract new generation buyers is also investing in store renovations to become more appealing and trendy and in new relevant products with affordable propositions to increase its play further. Young buyers account for around 40 per cent of its transactions. Moreover, it would also expand its apparel range to 200-plus stores from 70 stores at present. It will also add 13 exclusive outlets of its athleisure Brand Power' to take the total count to 15 by the end of 2024, said Shah. The company is also investing in technology transformation on ...

Consumption to revive in coming qtrs, e-commerce to drive growth: Bata CEO
Updated On : 18 Aug 2024 | 11:55 AM IST