Now Reading: Bata India Q1 profit up 23% to Rs 64 crore on operational efficiency
-
01
Bata India Q1 profit up 23% to Rs 64 crore on operational efficiency
Bata India Q1 profit up 23% to Rs 64 crore on operational efficiency
Bata India reported a 23% rise in consolidated net profit to Rs 63.98 crore in the June quarter, driven by operational efficiency and disciplined cost management. Revenue from operations grew 4% to…
The Story in Brief
Bata India reported a 23% rise in consolidated net profit to Rs 63.98 crore in the June quarter, driven by operational efficiency and disciplined cost management. Revenue from operations grew 4% to Rs 978.95 crore, helped by premiumisation and volume growth. The board declared an interim dividend of Rs 25 per share.
Total expenses rose 3% to Rs 911.08 crore. The company’s profit before tax, excluding one-offs, was up 22% to Rs 90.6 crore. Brokerage Nirmal Bang, as reported by NDTV Profit, said GST rationalisation three quarters ago eased the drag at the lower end, while premium categories continue to see stronger growth.
The Indian Opinion
The market is tempted to call this a pure premiumisation story, but Bata’s 4% volume growth and GST rationalisation benefiting the lower end show a broader recovery. The 25% jump in ad spend suggests the company is investing to sustain demand, not just milking price hikes. The real test will come when input costs stabilise: can Bata keep margins high without passing on every rupee to consumers? Watch the next quarter’s volume growth for the answer.
Sources (2): retail.economictimes.indiatimes.com, ndtvprofit.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
