Bata India Q3 net profit up 12.6% at ₹66.1 cr, revenue rises 2.8% | Company Results

Leading footwear maker Bata India Ltd on Monday reported a 12.61 per cent increase in consolidated net profit to ₹ 66.1 crore in the December quarter of the financial year compared to the previous year period.

A year ago, it had posted a net profit of ₹58.7 billion in the October-December period, according to a regulatory filing from Bata India.

Bata’s revenue from operations rose 2.81 per cent to ₹944.68 crore in the quarter under review compared to ₹918.79 crore in the same quarter of the previous year.

Its total expenses in the December quarter stood at ₹868.92 billion, up 3.3 percent year-on-year.

Bata India’s total revenue, including other revenues, rose 3.93 per cent to ₹965.72 crore.

Shares of Bata India Ltd rose 4.27 per cent to Rs 884.35 on the BSE on Monday.

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