Aug, 04 2016

Bata India reports a flat profit of Rs 50.49 cr in Q1

According to its Bombay Stock Exchange Filling (BSE), net sales were down 1.46 per cent during the quarter under review to Rs 674.26 crore as against Rs 684.29 crore of the corresponding quarter of the last fiscal.

By Franchise India Bureau
Bata India reports a flat profit of Rs 50.49 cr in Q1

India’s leading footwear brand, Bata has registered a flat growth in its net profit at Rs 50.49 cr in the first quarter ended on 30th June, 2016.

The company had posted a net profit of Rs 50.18 crore during the April-June period a year ago. According to its Bombay Stock Exchange Filling (BSE), net sales were down 1.46 per cent during the quarter under review to Rs 674.26 crore as against Rs 684.29 crore of the corresponding quarter of the last fiscal.

Bata claims that it serves a million customers each day with a business model based on quality and accessibility for all. From environmentally conscious shoes to high-tech heels, Bata’s strategic innovation and production is led by a diverse group of real people. 

Related: Hafele mulls franchise expansion

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