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Footwear major Bata India Limited today announced results for the quarter ended 31st December 2022. Revenue from operations for the quarter stood at Rs. 9002 million (a growth of 7% over quarter ended December’21). The Operating Profit stood at Rs. 1021 million, a growth of 22% over the quarter ended December 2021.
Overall, Bata's Q3 showcased momentum behind the strategic levers driving strong portfolio evolution, strong footprint expansion across touchpoints coupled with improving cost efficiencies, helping drive revenue growth and increased margins despite significant inflationary pressure.