Latest news with #PowerMove
Yahoo
03-06-2025
- Business
- Yahoo
Bata India Ltd (BOM:500043) Q4 2025 Earnings Call Highlights: Navigating Revenue Challenges ...
Revenue from Operations: INR 788 crores, a decline of about 1.2% compared to the previous year, same quarter. Gross Margin: INR 455 crores, with an erosion of about 230 basis points versus the last year, same quarter. EBITDA Margin: 25.5%, a decrease of about 14 basis points compared to last year. Tax Expense: INR 46 crores, a decline of about 215 basis points versus last year, same quarter. Store Expansion: Increased to about 146 stores from less than 40 in the previous quarter. Inventory Reduction: Overall inventory dropped by 16%, with aged inventory reduced by 30-35%. Franchise Stores: Standard at about 625 stores. Retail Outlets Expansion: Key retail outlets expanded to almost 1,400 outlets. Warning! GuruFocus has detected 3 Warning Signs with CRLBF. Release Date: June 02, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Bata India Ltd (BOM:500043) has significantly expanded its store network from less than 40 to 146 stores, indicating robust growth and market penetration. The company has successfully reduced inventory by 25% and improved size set availability by 300 basis points, enhancing customer satisfaction. The introduction of new collections like Power Move+ and Floatz has driven volume growth, with Floatz achieving a growth rate of over 40% and doubling in size over two years. Bata India Ltd (BOM:500043) has improved retrieval time for customers to less than 1 minute and 45 seconds, enhancing the shopping experience. The company is focusing on premiumization with successful launches like the Stamina+ collection and Hush Puppies expansion, which are expected to unlock future revenue. Bata India Ltd (BOM:500043) reported a revenue decline of 1.2% compared to the previous year, indicating challenges in maintaining sales growth. The gross margin eroded by 230 basis points, partly due to increased franchising operations and value proposition adjustments. The EBITDA margin decreased by 14 basis points, with changes in accounting for licensed brands affecting comparability. Muted demand conditions have impacted overall revenue performance, with the company acknowledging tight market conditions. The company faces challenges in achieving desired revenue growth from lower price point products, despite some volume growth. Q: Can you explain the factors contributing to the gross margin contraction this quarter? A: Amit Aggarwal, CFO, explained that the mix of franchise and e-commerce operations impacts gross margins. Additionally, efforts to provide value propositions and reset costs for key products have contributed to the contraction. Q: What is the channel mix in terms of revenue for this year? A: Amit Aggarwal stated that retail accounts for about 70% of revenue, franchise at 7.5%, e-commerce at 10%, and R&D at 12-13%. Q: How should we think about store addition momentum going forward? A: Gunjan Shah, CEO, mentioned that store additions should be higher next year, maintaining an 80/20 ratio between franchise and COCO models. Q: Can you elaborate on the lower other expenses this quarter? A: Amit Aggarwal explained that a change in the construct of a licensed brand led to the creation of an intangible asset, affecting depreciation and finance costs. This will be recurring for the next three quarters. Q: What are the opportunities arising from the implementation of BIS standards? A: Gunjan Shah noted that Bata India is 100% localized, with BIS standards eliminating less than 5% of imports. This presents an export opportunity for Bata globally. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Scottish Sun
04-05-2025
- Business
- Scottish Sun
Energy firm to give households two hours of free electricity every week from tomorrow
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A MAJOR energy supplier is giving households two hours of free electricity every week during the summer. Ovo Energy is offering the free sessions from tomorrow and households can use the electricity for anything from running the dishwasher to meal prep. Sign up for Scottish Sun newsletter Sign up 1 Ovo is giving customers two hours of free electricity each week this summer Credit: Alamy The free electricity is available to customers who signed up to Ovo's free rewards programme, Ovo Beyond. The hours will be available from May 5 until August 31. Every week, customers can choose when to use their free electricity in a range of weekday and weekend time slots. These include: 9am - 10am on specified weekdays 1pm - 2pm on specified weekdays 9pm - 10pm on specified weekdays 10am - 12pm Sundays The sessions avoid peak hours to help reduce pressure on the grid. You will need to choose your time slot for the following week in a selection window. Customers simply need to sign up to the rewards through the Ovo app or their account. Gráinne Regan, head of Beyond at OVO, said: 'We launched Beyond to help lower bills and reward our customers for taking greener action. "So whether people choose to get ahead on meal prep, make a dent in the laundry or charge up the iPad, we want to help cut costs by giving two free hours of electricity every week this summer.' From TV to energy... tips to save you money on 7 bills that are going up in April What other schemes does Ovo offer? Ovo also has a Power Move scheme which rewards customers for reducing their electricity usage during peak hours, which are typically between 4pm and 7pm on weekdays. If you reduce your energy usage during these times below a certain percentage of your daily total then you are entered into a monthly draw for £2 to £2,000 worth of free electricity. Usually you need to cut your usage by 15%, so avoid putting on the washing machine or dishwasher during these hours. The energy firm is just one supplier that offers free energy sessions outside of off-peak hours. How do I calculate my energy bill? BELOW we reveal how you can calculate your own energy bill. To calculate how much you pay for your energy bill, you must find out your unit rate for gas and electricity and the standing charge for each fuel type. The unit rate will usually be shown on your bill in p/ standing charge is a daily charge that is paid 365 days of the year - irrespective of whether or not you use any gas or electricity. You will then need to note down your own annual energy usage from a previous bill. Once you have these details, you can work out your gas and electricity costs separately. Multiply your usage in kWh by the unit rate cost in p/kWh for the corresponding fuel type - this will give you your usage costs. You'll then need to multiply each standing charge by 365 and add this figure to the totals for your usage - this will then give you your annual costs. Divide this figure by 12, and you'll be able to determine how much you should expect to pay each month from April 1. We have rounded up all of the schemes offered by other providers. British Gas PeakSave Sundays British Gas can get half price electricity every Sunday between 11am and 4pm through its PeakSave scheme. More than 650,000 customers have already signed up and have saved a total of £13million. If you ran two loads of laundry during the discounted PeakSave period instead of at other times, you could save up to £84 a year. Or you could save £17.42 a year by shifting your Sunday dishwasher cycle to during PeakSave hours. To sign up visit Scottish Power Power Saver Scottish Power's Power Saver scheme offers 50% off electricity between 11am and 4pm on Saturdays and Sundays. This gives customers a large window of opportunity to shift their energy consumption and maximise their savings. Again, doing two loads of washing to either of these windows during the weekend could save you £84 a year. Additionally, scheduling two weekend dishwasher cycles during this time could save you £35 a year. EDF Sunday Saver EDF's scheme encourages customers to move their electricity usage away from weekday peak hours (4pm to 7pm) in exchange for free electricity the following Sunday. You can qualify for up to 16 full hours of free electricity. Based on two loads of washing and drying plus one dishwasher cycle, you could save around £200 a year. But you need to carefully manage your electricity usage during the week in those peak hours to maximise your savings. Octopus Energy Octoplus Octopus Energy offers Octoplus members free electricity during times when the grid is at its greenest. When energy market prices drop, the supplier shares those savings with customers that have signed up in hour-long Free Electricity sessions. The slots typically occur between 1pm and 2pm during the summer months. Octopus Energy has hosted eight of these Free Electricity sessions since the scheme launched last August. As the cash is paid on an ad-hoc basis it can be difficult to plan when you will save. Meanwhile, many appliances, such as washing machines, take more than an hour to run, so it can be hard to make a worthwhile saving. What energy bill help is available? There's a number of different ways to get help paying your energy bills if you're struggling to get by. If you fall into debt, you can always approach your supplier to see if they can put you on a repayment plan before putting you on a prepayment meter. This involves paying off what you owe in instalments over a set period. If your supplier offers you a repayment plan you don't think you can afford, speak to them again to see if you can negotiate a better deal. Several energy firms have schemes available to customers struggling to cover their bills. But eligibility criteria vary depending on the supplier and the amount you can get depends on your financial circumstances. For example, British Gas or Scottish Gas customers struggling to pay their energy bills can get grants worth up to £2,000. British Gas also offers help via its British Gas Energy Trust and Individuals Family Fund. You don't need to be a British Gas customer to apply for the second fund. EDF, Octopus Energy and Scottish Power all offer grants to struggling customers too. Thousands of vulnerable households are missing out on extra help and protections by not signing up to the Priority Services Register (PSR). The service helps support vulnerable households, such as those who are elderly or ill. Some of the perks include being given advance warning of blackouts, free gas safety checks and extra support if you're struggling. Get in touch with your energy firm to see if you can apply. Do you have a money problem that needs sorting? Get in touch by emailing money-sm@ Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories
The Sun
04-05-2025
- Business
- The Sun
Energy firm to give households two hours of free electricity every week from tomorrow
A MAJOR energy supplier is giving households two hours of free electricity every week during the summer. Ovo Energy is offering the free sessions from tomorrow and households can use the electricity for anything from running the dishwasher to meal prep. 1 The free electricity is available to customers who signed up to Ovo's free rewards programme, Ovo Beyond. The hours will be available from May 5 until August 31. Every week, customers can choose when to use their free electricity in a range of weekday and weekend time slots. These include: 9am - 10am on specified weekdays 1pm - 2pm on specified weekdays 9pm - 10pm on specified weekdays 10am - 12pm Sundays The sessions avoid peak hours to help reduce pressure on the grid. You will need to choose your time slot for the following week in a selection window. Customers simply need to sign up to the rewards through the Ovo app or their account. Gráinne Regan, head of Beyond at OVO, said: 'We launched Beyond to help lower bills and reward our customers for taking greener action. "So whether people choose to get ahead on meal prep, make a dent in the laundry or charge up the iPad, we want to help cut costs by giving two free hours of electricity every week this summer.' From TV to energy... tips to save you money on 7 bills that are going up in April What other schemes does Ovo offer? Ovo also has a Power Move scheme which rewards customers for reducing their electricity usage during peak hours, which are typically between 4pm and 7pm on weekdays. If you reduce your energy usage during these times below a certain percentage of your daily total then you are entered into a monthly draw for £2 to £2,000 worth of free electricity. Usually you need to cut your usage by 15%, so avoid putting on the washing machine or dishwasher during these hours. The energy firm is just one supplier that offers free energy sessions outside of off-peak hours. How do I calculate my energy bill? BELOW we reveal how you can calculate your own energy bill. To calculate how much you pay for your energy bill, you must find out your unit rate for gas and electricity and the standing charge for each fuel type. The unit rate will usually be shown on your bill in p/ standing charge is a daily charge that is paid 365 days of the year - irrespective of whether or not you use any gas or electricity. You will then need to note down your own annual energy usage from a previous bill. Once you have these details, you can work out your gas and electricity costs separately. Multiply your usage in kWh by the unit rate cost in p/kWh for the corresponding fuel type - this will give you your usage costs. You'll then need to multiply each standing charge by 365 and add this figure to the totals for your usage - this will then give you your annual costs. Divide this figure by 12, and you'll be able to determine how much you should expect to pay each month from April 1. We have rounded up all of the schemes offered by other providers. British Gas PeakSave Sundays British Gas can get half price electricity every Sunday between 11am and 4pm through its PeakSave scheme. More than 650,000 customers have already signed up and have saved a total of £13million. If you ran two loads of laundry during the discounted PeakSave period instead of at other times, you could save up to £84 a year. Or you could save £17.42 a year by shifting your Sunday dishwasher cycle to during PeakSave hours. To sign up visit Scottish Power Power Saver Scottish Power's Power Saver scheme offers 50% off electricity between 11am and 4pm on Saturdays and Sundays. This gives customers a large window of opportunity to shift their energy consumption and maximise their savings. Again, doing two loads of washing to either of these windows during the weekend could save you £84 a year. Additionally, scheduling two weekend dishwasher cycles during this time could save you £35 a year. EDF Sunday Saver EDF's scheme encourages customers to move their electricity usage away from weekday peak hours (4pm to 7pm) in exchange for free electricity the following Sunday. You can qualify for up to 16 full hours of free electricity. Based on two loads of washing and drying plus one dishwasher cycle, you could save around £200 a year. But you need to carefully manage your electricity usage during the week in those peak hours to maximise your savings. Octopus Energy Octoplus Octopus Energy offers Octoplus members free electricity during times when the grid is at its greenest. When energy market prices drop, the supplier shares those savings with customers that have signed up in hour-long Free Electricity sessions. The slots typically occur between 1pm and 2pm during the summer months. Octopus Energy has hosted eight of these Free Electricity sessions since the scheme launched last August. As the cash is paid on an ad-hoc basis it can be difficult to plan when you will save. Meanwhile, many appliances, such as washing machines, take more than an hour to run, so it can be hard to make a worthwhile saving. What energy bill help is available? There's a number of different ways to get help paying your energy bills if you're struggling to get by. If you fall into debt, you can always approach your supplier to see if they can put you on a repayment plan before putting you on a prepayment meter. This involves paying off what you owe in instalments over a set period. If your supplier offers you a repayment plan you don't think you can afford, speak to them again to see if you can negotiate a better deal. Several energy firms have schemes available to customers struggling to cover their bills. But eligibility criteria vary depending on the supplier and the amount you can get depends on your financial circumstances. For example, British Gas or Scottish Gas customers struggling to pay their energy bills can get grants worth up to £2,000. British Gas also offers help via its British Gas Energy Trust and Individuals Family Fund. You don't need to be a British Gas customer to apply for the second fund. EDF, Octopus Energy and Scottish Power all offer grants to struggling customers too. Thousands of vulnerable households are missing out on extra help and protections by not signing up to the Priority Services Register (PSR). The service helps support vulnerable households, such as those who are elderly or ill. Some of the perks include being given advance warning of blackouts, free gas safety checks and extra support if you're struggling. Get in touch with your energy firm to see if you can apply. Do you have a money problem that needs sorting? Get in touch by emailing money-sm@
Scottish Sun
01-05-2025
- Business
- Scottish Sun
Energy firm to give thousands of households two hours of free electricity EVERY WEEK this summer
HOUSEHOLDS with a major energy supplier can slash energy bills this summer thanks to two hours of free electricity every week. Ovo is offering the free sessions from next week and homes will be able to use the time for anything from mass meal prep to doing a big load of laundry. 1 Ovo customers can use the free sessions to use appliances such as washing machines Credit: Getty The free periods of electricity are available to customers signed up to Ovo's free to join rewards programme Ovo Beyond and start from May 5 until August 31. Each week, customers can choose when to use their free electricity from week to week choosing from a variety of weekday and weekend times lots. The sessions aim to avoid peak hours to help reduce pressure on the grid. Customers simply need to sign up to the reward through the OVO app or account. The following timeslots will be available each week. 9am - 10am on specified weekdays 1pm - 2pm on specified weekdays 9pm - 10pm on specified weekdays 10am - 12pm Sundays You will need to choose each week within the selection window to secure slots for the following week. The energy firm is just the latest supplier to offer customers free sessions outside of offpeak hours. We have reviewed the schemes offered by other providers. Gráinne Regan, head of Beyond at OVO said: 'We launched Beyond to help lower bills and reward our customers for taking greener action. "So whether people choose to get ahead on meal prep, make a dent in the laundry or charge up the iPad, we want to help cut costs by giving two free hours of electricity every week this summer.' From TV to energy... tips to save you money on 7 bills that are going up in April Ovo Energy's Power Move scheme will continue to run which rewards customers for reducing their electricity usage during peak hours, typically between 4pm and 7pm on weekdays. If you successfully reduce your energy consumption during these peak times to below a certain percentage of your daily total (usually 12.5% or 15%), you're entered into a monthly draw for prizes from £2 to £2,000 of free energy. Ovo is not the only supplier offering free electriciyt to customers at select times. Here is what's available... British Gas Peak Save Sundays British Gas's Peak Save scheme offers customers half-price electricity every Sunday between 11am and 4pm. More than 650,000 customers have already joined the initiative, collectively saving £13million. By running two laundry loads during the discounted Peak Save period in stead of other periods, you could expect to pocket an annual saving of approximately £84. This could save an additional £17.42 per year by shifting my Sunday dishwasher cycle to the Sunday Peak Save hours. Sign up at Scottish Power Power Saver Scottish Power's Power Saver Scheme offers 50% off electricity between 11am and 4pm on Saturdays and Sundays. This provides a wider window of opportunity for customers to shift their energy consumption and maximise their savings. Again shifting two uses of the washing machine usage to either of these two time windows over the weekend, could save £84 annually. Additionally, by scheduling my two weekend dishwasher cycles during these times, I'd save £35 a year - £17 more than the savings from running a single cycle on a Sunday under British Gas's plan. EDF Sunday Saver EDF's Sunday Saver scheme encourages customers to shift their electricity usage away from weekday peak hours (4pm to 7pm) in exchange for free electricity on the following Sunday. You can qualify for up to 16 full hours of free electricity. n Based on two loads of washing and drying plus one dishwasher cycle, it could save around £200 a year. However, you need to carefully manage my electricity usage during the week during those peak hours. Octopus Energy Octoplus Octopus Energy offers Octoplus members free electricity during times when the grid is at its greenest. When energy market prices drop, the supplier shares those savings with enrolled customers through hour-long Free Electricity sessions. The slots typically occur between 1pm and 2pm during the summer months. Octopus Energy hosted eight of these Free Electricity sessions since the scheme launched last August. The scheme is therefore a little unpredictable making it difficult to plan household savings. Also many appliance cycles - such as washing machines and dryers - take longer than an hour, making it tougher to get worthwhile savings. How do I calculate my energy bill? BELOW we reveal how you can calculate your own energy bill. To calculate how much you pay for your energy bill, you must find out your unit rate for gas and electricity and the standing charge for each fuel type. The unit rate will usually be shown on your bill in p/ standing charge is a daily charge that is paid 365 days of the year - irrespective of whether or not you use any gas or electricity. You will then need to note down your own annual energy usage from a previous bill. Once you have these details, you can work out your gas and electricity costs separately. Multiply your usage in kWh by the unit rate cost in p/kWh for the corresponding fuel type - this will give you your usage costs. You'll then need to multiply each standing charge by 365 and add this figure to the totals for your usage - this will then give you your annual costs. Divide this figure by 12, and you'll be able to determine how much you should expect to pay each month from April 1.
The Sun
01-05-2025
- Business
- The Sun
Energy firm to give thousands of households two hours of free electricity EVERY WEEK this summer
HOUSEHOLDS with a major energy supplier can slash energy bills this summer thanks to two hours of free electricity every week. Ovo is offering the free sessions from next week and homes will be able to use the time for anything from mass meal prep to doing a big load of laundry. The free periods of electricity are available to customers signed up to Ovo's free to join rewards programme Ovo Beyond and start from May 5 until August 31. Each week, customers can choose when to use their free electricity from week to week choosing from a variety of weekday and weekend times lots. The sessions aim to avoid peak hours to help reduce pressure on the grid. Customers simply need to sign up to the reward through the OVO app or account. The following timeslots will be available each week. 9am - 10am on specified weekdays 1pm - 2pm on specified weekdays 9pm - 10pm on specified weekdays 10am - 12pm Sundays You will need to choose each week within the selection window to secure slots for the following week. The energy firm is just the latest supplier to offer customers free sessions outside of offpeak hours. We have reviewed the schemes offered by other providers. Gráinne Regan, head of Beyond at OVO said: 'We launched Beyond to help lower bills and reward our customers for taking greener action. "So whether people choose to get ahead on meal prep, make a dent in the laundry or charge up the iPad, we want to help cut costs by giving two free hours of electricity every week this summer.' From TV to energy... tips to save you money on 7 bills that are going up in April Ovo Energy 's Power Move scheme will continue to run which rewards customers for reducing their electricity usage during peak hours, typically between 4pm and 7pm on weekdays. If you successfully reduce your energy consumption during these peak times to below a certain percentage of your daily total (usually 12.5% or 15%), you're entered into a monthly draw for prizes from £2 to £2,000 of free energy. Ovo is not the only supplier offering free electriciyt to customers at select times. Here is what's available... British Gas Peak Save Sundays British Gas 's Peak Save scheme offers customers half-price electricity every Sunday between 11am and 4pm. More than 650,000 customers have already joined the initiative, collectively saving £13million. By running two laundry loads during the discounted Peak Save period in stead of other periods, you could expect to pocket an annual saving of approximately £84. This could save an additional £17.42 per year by shifting my Sunday dishwasher cycle to the Sunday Peak Save hours. Sign up at Scottish Power Power Saver Scottish Power's Power Saver Scheme offers 50% off electricity between 11am and 4pm on Saturdays and Sundays. This provides a wider window of opportunity for customers to shift their energy consumption and maximise their savings. Again shifting two uses of the washing machine usage to either of these two time windows over the weekend, could save £84 annually. Additionally, by scheduling my two weekend dishwasher cycles during these times, I'd save £35 a year - £17 more than the savings from running a single cycle on a Sunday under British Gas 's plan. EDF Sunday Saver EDF's Sunday Saver scheme encourages customers to shift their electricity usage away from weekday peak hours (4pm to 7pm) in exchange for free electricity on the following Sunday. You can qualify for up to 16 full hours of free electricity. n Based on two loads of washing and drying plus one dishwasher cycle, it could save around £200 a year. However, you need to carefully manage my electricity usage during the week during those peak hours. Octopus Energy Octoplus Octopus Energy offers Octoplus members free electricity during times when the grid is at its greenest. When energy market prices drop, the supplier shares those savings with enrolled customers through hour-long Free Electricity sessions. The slots typically occur between 1pm and 2pm during the summer months. Octopus Energy hosted eight of these Free Electricity sessions since the scheme launched last August. The scheme is therefore a little unpredictable making it difficult to plan household savings. Also many appliance cycles - such as washing machines and dryers - take longer than an hour, making it tougher to get worthwhile savings. How do I calculate my energy bill? BELOW we reveal how you can calculate your own energy bill. To calculate how much you pay for your energy bill, you must find out your unit rate for gas and electricity and the standing charge for each fuel type. The unit rate will usually be shown on your bill in p/ standing charge is a daily charge that is paid 365 days of the year - irrespective of whether or not you use any gas or electricity. You will then need to note down your own annual energy usage from a previous bill. Once you have these details, you can work out your gas and electricity costs separately. Multiply your usage in kWh by the unit rate cost in p/kWh for the corresponding fuel type - this will give you your usage costs. You'll then need to multiply each standing charge by 365 and add this figure to the totals for your usage - this will then give you your annual costs. Divide this figure by 12, and you'll be able to determine how much you should expect to pay each month from April 1.
