Bata Q1 Results: Net Profit Declines, Adjusted EBIT Rises 7% QoQ; Company To Eye Smaller Markets | Business News


Last Updated:

Bata India’s revenue from operations stands at 941.85 crore for the quarter ended June 30, 2025, almost similar as the Rs 944.63 crore reported a year ago.

font
Bata India Share Price.

Bata India Share Price.

Shares of leading shoemaker Bata India Ltd on Thursday declined 6.5% after the company’s weak Q1 FY26 numbers, with the company reporting a 70% YoY decline in its consolidated net profit to Rs 52 crore. However, the stock recovered in the last leg of the session and was trading at Rs 1,052.9 apiece on the NSE, which is nearly 4% down over the previous close of Rs 1,025.1.

The company had posted a consolidated net profit of Rs 174 crore in the corresponding quarter last fiscal.

However, Bata India has reported a 7% year-on-year rise in EBIT. Its revenue from operations stood at 941.85 crore for the quarter ended June 30, 2025, almost similar as the Rs 944.63 crore reported a year ago.

‘Encouraged by Strong Resilience In Premium Brands’

“Amidst headwinds accentuated by fluctuating weather patterns and geopolitical uncertainties, we pushed ahead our affordability initiatives across categories to drive volume-based growth. We reported revenue of Rs 941.9 crore, broadly stable on a YoY basis. However, we are encouraged by strong resilience in our premium brands like Hush Puppies Comfit and Floatz,” said Gunjan Shah, MD & CEO, Bata India Limited.

The company said its Zero Base Merchandising Project, aimed at optimising assortments and enhancing in-store experience, was scaled up to 194 stores during the quarter. The company also launched several new collections, including the Tropical Breeze range, Power Easy Slide and Power Move+, alongside the “Ease, Please” campaign with brand ambassador Vir Das introducing the new Office Sneakers line.

Bata expanded its footprint with 20 new franchise stores, focusing on semi-urban markets and town expansion. “We continue to maintain a balanced approach between managing near-term challenges and investing in long-term growth drivers. We are optimistic about consumption recovery towards balance of this year, backed by our strong market positioning and wide network while maintaining strong focus on cost efficiencies,” Shah added.

Bata India, which has reported a better performance in tier III to tier V markets, expects about 30 per cent of its revenue from these areas in the next couple of years, the company’s MD & CEO Gunjan Shah said.

“A lot of expansion” of Bata India’s franchise stores is happening in these smaller towns as the company “senses very clearly” their growth potential, Shah told PTI in a virtual interaction after the company’s AGM.

Value-for-money products by the leading shoemaker, providing value to consumers, he said.

The quarter also included an exceptional cost of Rs 4.3 crore linked to strategic initiatives aimed at making the business more asset-light and agile. Adjusted for last year’s one-time gain from a land sale, the company delivered EBIT growth year-on-year.

With over 1,950 stores, a strong franchise network, and omni-channel presence, Bata India continues to position itself as a market leader in blending fashion and comfort, catering to over 260,000 customers daily.

authorimg

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

Stay updated with all the latest business news, including market trendsstock updatestax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Click here to add News18 as your preferred news source on Google. Also Download the News18 App to stay updated.

view comments

News business Bata Q1 Results: Net Profit Declines, Adjusted EBIT Rises 7% QoQ; Company To Eye Smaller Markets
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *