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Business Standard
4 days ago
- Business
- Business Standard
Bata India slips as Q4 PAT drops 28% YoY to Rs 46 cr
Bata India fell 1.03% to Rs 1,262.45 after the company reported a 27.86% decline in consolidated net profit to Rs 45.92 crore, while revenue from operations decreased by 1.21% to Rs 788.21 crore in Q4 March 2025 over Q4 March 2024. Profit before tax (PBT) stood at Rs 62.18 crore in Q4 FY25, reflecting a 25.02% decline year-on-year and a 19.57% decrease quarter-on-quarter. Bata India reported an operating profit of Rs 37.41 crore for Q4 FY25, a decline from Rs 58.26 crore in Q4 FY24. Despite ongoing market headwinds, the company posted volume-led growth for the second consecutive quarter, fueled by strong performance in its franchise and e-commerce channels. The company continued its retail expansion, bringing the total number of company-owned and franchise stores to 1,962, with a strong focus on scaling the franchise model. Inventory management remained a top priority, with efforts aimed at enhancing both the quantity and quality of stock. To improve operational efficiency, Bata implemented initiatives to boost stock turnover and forecasting accuracy. As a result, the company successfully reduced its gross inventory by 15%, bringing it down to Rs 815.06 crore as of 31 March 2025. The companys net profit declined 21.77%, while net sales dropped 14.21% in Q4 FY25 compared to Q3 FY25. For the full year FY25, revenue from operations rose 0.29% to Rs 3,488.79 crore, while net profit jumped 25.96% to Rs 330.66 crore. Gunjan Shah, MD and CEO, Bata India, stated, Despite navigating through the demand headwinds persisting during the quarter, we managed to gain volumes in line with our strategy of driving volume-led growth. We continue to drive affordability and reduce complexity across categories. Our initiatives on inventory, merchandising, and decluttering worked well, and all key inventory metrics improved. We added 19 Franchise Stores in the quarter, driven by franchise model focused on town expansion/semi-urban markets Along with cautious control on costs and focus on efficiency and productivity, we continued to manage our inventory while having strong deployment of fresh merchandise in anticipation of demand revival and consumption uptick." Meanwhile, the board recommended a final dividend of Rs 9 per share, subject to shareholder approval, in addition to the interim dividend of Rs 10 per share paid in September 2024, bringing the total dividend for FY25 to Rs 244.2 crore. Additionally, the zero-base merchandising project was scaled up to 146 stores, continuing to deliver positive outcomes in terms of consumer experience and revenue per square foot. Bata India is the largest retailer and manufacturer of footwear in the country. The company is engaged in the business of manufacturing and trading footwear and accessories through their retail and wholesale network. Their products include leather footwear, rubber/canvas footwear, and plastic footwear.
Fashion Network
4 days ago
- Business
- Fashion Network
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).
Time of India
5 days ago
- Business
- Time of India
Bata India Q4 profit falls 36% to Rs 37 cr
New Delhi: Footwear major Bata India on Wednesday said its operating profit declined 36 per cent to Rs 37 crore in the fourth quarter ended March 31, 2025. The company reported an operating profit of Rs 58 crore for the January-March period of 2023-24 fiscal. Revenue from operations in the quarter stood at Rs 788 crore as compared with Rs 798 crore in the year-ago period, Bata India said in a regulatory filing. "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," Bata India MD and CEO Gunjan Shah stated. The company continues to drive affordability and reducing complexity across categories, he added. The company said its board has recommended a final dividend of Rs 9 per share, in addition to the interim dividend of Rs 10 per share, already paid in September 2024. Total dividend for 2024-25 accounted for an outgo of Rs 244 crore, it added. Bata India shares on Wednesday ended 0.29 per cent down at Rs 1,275.60 apiece on BSE.>
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Business Standard
5 days ago
- Business
- Business Standard
Bata India Q4 result: Net profit falls 28% to ₹45.9 cr; dividend declared
Bata India on Wednesday reported a consolidated net profit of ₹45.92 crore for the quarter ended March 31, 2025 (Q4 FY25), down 27.8 per cent from ₹63.65 crore in the same quarter last year (Q4 FY24). On a sequential basis, the company's profit declined 21.8 per cent from ₹58.70 crore reported in Q3 FY25. Revenue from operations for the footwear major stood at ₹788.21 crore in Q4 FY25, marginally down 1.2 per cent from ₹797.87 crore in the year-ago period. Compared to the previous quarter, revenue fell 14.2 per cent from ₹918.79 crore. Speaking about the Q4 performance, Gunjan Shah, MD and CEO of Bata 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. We added 19 Franchise Stores in the quarter driven by franchise model focused on town expansion/semi-urban markets." Bata FY25 results For the entire year, Bata's net profit stood at ₹330.66 crore, marking a 46 per cent jump from ₹226.51 crore in FY24. However, revenue from operations stood at ₹3,488.79 crore in FY25, largely flat compared to ₹3,478.61 crore in the previous year. Bata dividend announced Meanwhile, the board of directors of the company have recommended a final dividend of Rs 9 per share, subject to the approval of shareholders. Shares of Bata India last at ₹1275.60 apiece on the BSE at the close of the market on Wednesday.
India Gazette
13-05-2025
- Business
- India Gazette
A Celebration of Excellence: SVKM's NMIMS Indore School of Business Management Celebrates Convocation Ceremony of MBA Graduates
Prose Integrated New Delhi [India], May 13: SVKM's Narsee Monjee Institute of Management Studies (NMIMS), Indore Campus, organized the Convocation Ceremony of the School of Business Management (SBM).The ceremony celebrated the successes of the graduating MBA students, acknowledging their educational journey and ushering them into a world of professional possibilities. The ceremony was honoured by the dignified Chief Guest, Gunjan Shah, Managing Director and Chief Executive Officer of Bata India Ltd whose speech gave valuable inputs and motivation to the graduating batch. The ceremony was chaired by Akhilesh Rathi, Nominee of the Hon'ble Chancellor, SVKM's NMIMS Deemed-to-be University Mumbai. Other notable dignitaries present included Mr. Ashish Apte (Controller of Examinations), Mr. Ajay Bankda (Mentor, NMIMS Indore), and Mr. Arvind Banthia (Chairman, LPC & Mentor, NMIMS Indore). The ceremony began with the NMIMS Anthem, followed by the lamp-lighting setting a reverent tone for the event. Akhilesh Rathi officially opened the convocation, following which the dignitaries were greeted with bouquets and souvenirs. Ashish Apte, Comptroller of Examinations and the Nominee of the Registrar, facilitated the official proceedings, with the Welcome Address being given by Dr. Sharad Mhaiskar, Pro Vice Chancellor and Nominee of Vice Chancellor. A comprehensive overview of the School of Business Management through key milestones, academic developments, and student excellence was presented by Dr. Anshuman Jaswal, Director, SVKM's NMIMS Indore. Following the event, Dr. Jaswal said: 'Today marks not just the end of an academic journey, but the beginning of a lifelong commitment to growth, gratitude, and contribution. We expect our graduates to honour those who supported them, and move forward with the wisdom and responsibility that comes with true education. This is the journey of transformation -- from being a Vidyarthi (student) to becoming a Vidvan (wise individual). They should embrace the challenges ahead with confidence, and strive to contribute meaningfully to society.' A special moment of pride was the announcement of academic awards and the Dean's List certificates by the Chief Guest, Gunjan Shah. The crowning moment was the Best Student Award, also given by Shah, awarded for outstanding academic and extracurricular achievements. In his convocation address, Gunjan Shah motivated students with his experience spanning industries such as FMCG, Telecom, and Retail, and highlighted the importance of strategic thinking, flexibility, and people-focused leadership in the fast-paced global business environment today. Based on his vast experience at Bata India, Britannia Industries, Asian Paints, and Motorola, Shah urged the graduates to remain dedicated to lifelong learning, perseverance, and teamwork. The ceremony ended with a vote of thanks by the Associate Dean, Dr. Suman Chakraborty, the official announcement of the closure of the convocation, the National Anthem, and a photo session of celebration followed by lunch. Dressed in their best ethnic wear, graduates, faculty, and family members exchanged smiles of happiness and pride as they attended the culmination of a momentous chapter and the launch of a promising new one. The convocation not only showcased the scholarly discipline and values ingrained in NMIMS, but the vision too of building leaders who are future-ready. About School of Business Management, NMIMS Indore The School of Business Management, Indore of SVKM's NMIMS-Deemed to be University evolved from the need for an excellent business school in Central India. School of Management aims at imparting management education with a global perspective and local relevance. School of Management equips students with higher-order thinking, problem-solving, and decision-making skills. The students are encountered with real-world business scenarios with case method as a main pedagogical tool and competent and experienced faculty members as facilitators. We prepare students to work with mega-corporations, family-owned businesses as well as start-ups. Social sensitivity is the credo at School of Management, where students are sensitized to respond to the changing social realities through the development and application of knowledge for creating a sustainable society. (ADVERTORIAL DISCLAIMER: The above press release has been provided by Prose Integrated. ANI will not be responsible in any way for the content of the same)
