Bata India reports a 23% rise in net profit in the first quarter, driven by higher-priced products, increased sales volumes, and a focus on e-commerce amid ongoing shipping pressures.
Bata India said its first-quarter earnings improved as higher-priced products and stronger sales volumes lifted revenue, even as the footwear retailer continued to face shipping and freight pressure. According to the company’s results, consolidated net profit rose 23% year on year to Rs 63.98 crore for the quarter ended June 30, while revenue from operations increased 4% to Rs 978.95 crore. The company said average selling prices were higher, helping both topline growth and margins. Total income climbed to Rs 997 crore.
The retailer said cost control and better execution across channels supported profitability, with total expenses up 3% to Rs 911.08 crore. Profit before tax, excluding one-off items, rose more than 22% to Rs 90.6 crore. The quarter also included a non-cash foreign exchange loss of Rs 2.7 crore linked to licence fees and a one-time ERP implementation cost of Rs 2.4 crore. Bata’s board approved an interim dividend of Rs 25 a share, taking the total payout to Rs 321.3 crore. Managing director and chief executive Gunjan Shah said the company had delivered its third straight quarter of growth, supported by a nearly 25% rise in advertising spending and continued consumer engagement.
Other market reports pointed to a different profit figure for the same quarter, with Livemint saying net profit rose 63% to Rs 174 crore, while revenue fell 1.5% and the operating profit margin was 9.34%. A separate analysis from Arthneeti said Bata has been benefiting from steadier demand in the sub-Rs 1,000 segment, a stronger performance from Hush Puppies and rapid growth in e-commerce, including bata.com. That report also said the company has expanded its zero-based merchandising programme across 700 company-owned stores and plans to extend it further, while cutting inventory to improve stock freshness and customer availability.
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