Page 2 - Bata India

Good potential to increase export of leather shoes from India: Bata

Footwear maker Bata sees good potential to boost its exports from India, a top company official said on Monday. "We mainly export leather shoes from India...it's in millions...scope and potential is there (to increase that)," Bata Brands SA CEO Sandeep Kataria said, adding that India will be "our second largest" hub for sourcing. Bata has its main design centre in Italy and over 15 factories across the globe. The company has a design centre in Gurugram (Haryana) in India also and it, along with the Italian team, can design products for emerging markets, he said. On the quality control order for the footwear sector in India, he said it is a good move as it will help set up a quality benchmark. "It can help keep out poor quality (goods)," he added.

Bata India Q4 result: Net profit falls 28% to ₹45.9 cr; dividend declared

Bata's board of directors have recommended a final dividend of ₹9 per share, subject to the approval of shareholders

Footwear major Bata India bats for footwear PLI to boost output, exports

Finance Minister Nirmala Sitharaman had announced a focus product scheme for the footwear sector in her Budget 2025 speech last month

Stocks to Watch, Feb 11: Nykaa, Berger Paints, Vi, Eicher Motors, GAIL

Stocks to Watch on February 11, 2025: From Nykaa to Berger Paints, here is a list of stocks that will be in focus today

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

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.

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 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 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.

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.

Meesho expands portfolio with Bajaj, Himalaya, Bata amid festive jingles

With the festive season approaching, E-commerce giant Meesho has joined forces with various lifestyle brands. With the deals, Meesho now sells products in 30 categories

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

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 ...

Shoes in 10-minutes: Footwear major Bata wants to join quick-commerce race

The quick-commerce space is becoming an attractive business opportunity, witnessing increased interest from investors. Big guns like Reliance and Walmart want to enter the sector too

Bata India's stock slips 5% post muted revenue growth in Q1FY25 results

On Tuesday, Bata India reported a 62.84 per cent increase in its consolidated net profit for the first quarter ending June 2024, reaching Rs 174.36 crore

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.

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 ...

Gains for Bata hinge on recovery hopes, rising premium portfolio

Government policies to improve consumption especially in tier 2 and tier 3 centres could help improve demand for footwear majors such as Bata

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, Lemon Tree Hotels, Nocil among seven stocks to watch on May 30

Stocks to watch on May 30: Lemon Tree Hotels profit surged by 42.3 per cent YoY to Rs 84 crore in comparison to Rs 59 crore