4 days ago
Bata India Q4 profit down 36 percent to Rs 37 crore
Footwear maker Bata India Ltd reported a 28 percent decline in consolidated net profit to Rs 46 crore ($5.4 million) for the fourth quarter ended March 31, 2025, as against Rs 64 crore in the year-ago quarter.
The company's revenue for the quarter was down marginally by one percent to Rs 788 crore, as against Rs 798 crore in the corresponding quarter of the previous fiscal year.
For the entire year, Bata's net profit stood at Rs 331 crore while its revenue from operations was Rs 3,488 crore.
Commenting on the results, Gunjan Shah, managing director CEO of Bata in a statement said, 'Despite navigating through the demand headwinds persisting during the quarter, we managed to gain volumes and in line with our strategy of driving volume led growth. Our initiatives on inventory, merchandising and decluttering worked well and all key inventory metrices improved.'
During the quarter, it added 19 franchise stores, taking the total number of stores to 1,962 (including company-owned company company-operated stores).
