Bata India: Q1FY18 Result
DSIJ Intelligence / 02 Aug 2017
Bata India reported its results for the quarter ended June 30, 2017 today.
Bata India reported its results for the quarter ended June 30, 2017 today.
Total sales for this quarter, Q1FY18, came in at Rs. 743.1 crore. This represents a 24.26 per cent sequential increase and 10.14 per cent YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 81.8 crore and the EBIT margin stood at 11.01 per cent.
It reported PAT of Rs. 60.43 crore which represents a sequential QoQ increase of 68.19 per cent and a YoY increase of 19.69 per cent.
The company's stock opened at Rs. 588.10 on the BSE and recorded intra-day high and low of Rs. 590.80 and Rs. 580.25, respectively.
Bata India manufactures and trades in footwear and accessories through its retail and wholesale network in India. The company offers footwear in the categories of women, children, youth, sports, and men, and accessories, such as belts, socks, wallets and clutches, handbags, and shoe care products for men, women and kids.
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