Bata India announces Q2 results
Gurugram, November 2024.
Footwear major Bata India Limited today announced results for the quarter ended September 30, 2024. Revenue from operations for the quarter stood at Rs. 8,371 million, showing positive momentum from Rs. 8,191 million in Q2FY24. The Operating Profit was reported at Rs. 524 million. The EBITDA profit stability showcased the Company’s resilience in managing operational efficiencies. The results for the quarter reflect continued momentum in the transformation journey, driven by strategic investments in product innovation, elevated customer experience, technology integration and brand premiumization, positioning Bata strongly for future growth.
Speaking on the Q2FY25 performance, Gunjan Shah, MD and CEO - Bata India Limited, stated:
“Despite continuing market ...