Bata India Q3 FY24 Results Live: Profit Falls by 30.31% YoY
Bata India Q3 FY24 Results Live: Revenue Increased by 0.36% YoY & Profit Decreased by 30.31% YoY
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Bata India Q3 FY24 Results Live: Revenue Increased by 0.36% YoY & Profit Decreased by 30.31% YoY
The Street has an action-packed day on Thursday with the release of Union Budget 2024 and earnings announcements from 86 BSE listed companies for the December quarter. Notable companies to watch among the Nifty companies are Adani Enterprises, Adani Ports & Special Economic Zone, and Titan Company. Other important results include Abbott India, Aether, Bata India, Castrol India, Deepak Fertilizers and Petrochemicals Corporation, GMM PFaudler, India Cements, Jyothy Labs, Jupiter Wagons, Dr Lal Pathlabs, Minda Corp, MPhasis, RITES, Texmaco Rail & Engineering, Thyrocare.
Footwear maker Bata India reported a third consecutive drop in its quarterly profit on Thursday, dragged by sluggish demand and higher expenses....
The company in a statement attributed the decline in net margin to significant investments made in brand and technology during the quarter
Bata India achieved significant network expansion with 54 new stores, combining Franchise and COCO expansion.