Bata India shares gain 3% despite weak Q4, expansion plans strong
Bata's margins contracted to 22.8 percent in Q4 from 23.4 percent a year ago
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Bata's margins contracted to 22.8 percent in Q4 from 23.4 percent a year ago
Mumbai : Footwear major Bata India Limited today announced results for the quarter ended 31st March 2024. Revenue from operations for the quarter stood at Rs. 7976.74 million vs. Rs. 7785.85 million for Q4FY23. The Operating Profit stood at Rs. 582.65 million. The results for the quarter are a factor of resilience despite sluggish demand…
Bata has not confirmed the development but the Bombay Stock Exchange has sought a clarification from the company on a CNBC-TV18 report
Bata India: In FY 2022-23, Bata also launched its first store on the "Red Label by Bata" concept with exclusive offerings to high-end fashion consumers. Additionally, 25 all-women stores were opened across India during the year.
(This story has not been edited by THE WEEK and is auto-generated from a PTI