Bata India Footwear maker Bata India said consumers have either curbed spending at the lower end or the pace of upgradation has dwindled in the economy segment, triggering the company to bring more affordable products even as premiumisation trend continues. Gunjan Shah, MD and CEO, Bata India Limited said consumer in the lower price segment…
New Delhi: Shoemaker Bata India, on Tuesday reported an increase of 62.84 per cent in its consolidated net profit at Rs 174.36 crore in the first quarter ended June 2024, helped by margin expansion and gains from sale of industrial land. It had posted a net profit of Rs 106.89 crore in the April-June period…
Kolkata: Bata India is set to expand its footprint and increase same-store sales growth by prioritising its “top six brands.” In its latest annual report, Bata management said it aims to also expand the presence of its successful Floatz brand across more stores with a fresh range, while also leveraging the momentum from the successful…
The local subsidiary of Swiss-headquartered shoemaker Bata has appointed Meeru Gupta as general counsel and head of legal. An alumnus of Delhi University, Gupta had served previously as Varun Beverages – RJ Corporation, where she led the legal practice, formulated litigation strategies and managed cross-border acquisitions. Over two decades veteran Gupta started her career with…
New Delhi: Leading shoemaker Bata India Ltd on Wednesday reported a 3.02 per cent decline in consolidated net profit to Rs 63.64 crore for the fourth quarter ended March 2024. It had posted a net profit of Rs 65.62 crore in the January-March period a year ago, according to a regulatory filing from Bata India….
Gunjan Shah, MD & CEO, Bata India, says: “We have just started the first Power EBO, but we are very clear this is a long-term investment for us. We feel that this is something that can succeed. Our proposition is very clear, we want to bring in global technology in a democratic manner, make sure…
(Representative image) New Delhi: Footwear firm Bata India Ltd reported a 31.04% fall in their net profit, and a 0.7% rise in the total income during the third quarter ended December. This was driven by premium categories amid muted demands. Net profit fell from Rs 83.11 crore in the last year to Rs 57.31 crore…
Representative image Kolkata: Footwear major Bata India has received a notice from the State Tax Officer, Anna Salai Assessment Circle, Chennai, amounting to Rs 60.56 crore, the company said in a filing to the bourses on Thursday. The notice dated December 27, 2023, pertains to several issues raised in a final audit report on December…
Bata India reported a 38% fall in second-quarter profit on Wednesday, hurt by a one-time charge and as inflationary pressures kept footfalls at its shoe outlets in check. The footwear maker said its consolidated profit fell to 339.9 million rupees ($4.1 million) in the July-September quarter, from 548.2 million rupees in the year-ago quarter. The…
Bata India is in talks with Adidas for a strategic partnership that could likely boost the German sportswear maker’s presence in the south Asian country, CNBC-TV18 reported on Thursday. Bata India’s shares ended 5.3% higher, logging their best day since April 2020. Shares rose as much as 7.3% earlier in the session. Adidas was up…
