Bata India Q4 results: Share price rallies over 4% in strong Q4 earnings
Bata India Ltd reported 4.5% rise in standalone net profit to 65.55 crore for the quarter ended March 2023 as compared to 63 crore in the corresponding quarter last fiscal.
BATA INDIA LTD. - 500043 - Disclosure Of Related Party Transactions For Six Months Ended March 31, 2023
Disclosure of Related Party Transactions for six months ended March 31, 2023 pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) BATA INDIA LTD. - 500043 - Announcement under Regulation 30 (LODR)-Resignation of Director
Bata India Limited has informed about resignation of Mr. Alberto Michele Maria Toni (DIN: 08358691) pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) Q4FY23 Quarterly & FY23 Annual Result Announced for Bata India Ltd.
Footwear company Bata India announced Q4FY23 & FY23 results: Revenue from operations for the quarter stood at Rs 7,785.85 million (a growth of 17% over Q4FY22). The Operating Profit stood at Rs 755.77 million, a growth of 15.1% over Q4FY22. Revenue from operations for 12MFY23 stood at Rs 34,515.68 million, a growth of 44.6% over last year (1.13x over pre-covid). The Operating Profit stood at Rs 3,882.80 million, a growth of 379.8% over the last year. Sales growth of 13% over pre-covid levels (2019-20) with strong margin performance. Aggressive network expansion – 2050+ stores in close to 700 cities, with Franchise & SIS network consisting over 37%. 22 stores were renovated during the quarter. Happy Feet Centre offering special pedicure and customized insole service launched in 9 stores alongwith shoe insurance across 518 stores in multiple cities. Successful execution of portfolio casualization strategy – Sneaker category sales 1.6x over last year. Floatz achieved highest ever quarterly turnover with launch of Floatz 2.0 collection. Drove Premiumization in Top 200 doors with Price Range Rs 2999 - 4999. ASP grew by 13% from last year. Distribution channel continued to scale up to 1350+ towns. Launched new Value Added Categories (VAC) in Men’s & Ladies Open – gaining good traction in the market. NPS improved from 72 to 80 over last year. The Board has recommended a Dividend of Rs 13.50 (270%) per equity share of Rs 5/- each, fully paid-up of the Company, amounting to Rs 1,735.12 million for the financial year ended March 31, 2023, for approval of the Members at the ensuing Annual General Meeting. Speaking on the Q4FY23 and 12MFY23 performance, Gunjan Shah, MD and CEO - Bata India Limited, stated: “Bata India had a robust year and this reflects in the growth over pre-covid levels for all key metrics and across all business channels of EBOs, MBOs and E-Commerce. During the last few quarters, we are witnessing consistent demand for casual and comfortable footwear. This is due to increasing trend for purchase of non-occasion wear and demand for comfort & style. With growing number of nuclear families, footfall across the retail segment is also increasing. We focused on refreshing our product portfolio with our strategy of casualization and offering premium fashionable products highlighted by robust growth momentum in brands like Hush Puppies, Comfit, Floatz, Red Label & North Star. We continue to add Franchise and SIS stores to cater to untapped markets in a capital efficient way. We are optimistic about our growth in the backdrop of our innovation and evolution of product offerings. We will step-up our marketing investments in the coming year to fuel accelerate growth momentum backed by strong investments in technology across the value chain.” Result PDF BATA INDIA LTD. - 500043 - Details Of Book Closure
Bata India Limited has informed about details of Book Closure BATA INDIA LTD. - 500043 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), Bata India Limited has informed about the Press Release BATA INDIA LTD. - 500043 - Corporate Action-Board approves Dividend
Bata India Limited has informed that the Board of Directors at its meeting held on May 18, 2023, recommended a Dividend of Rs. 13.50 per equity share, for the financial year ended March 31, 2023, for approval of the shareholders at the AGM BATA INDIA LTD. - 500043 - Financial Results For The Quarter And Financial Year Ended March 31, 2023
Bata India Limited has informed about the Audited (Standalone and Consolidated) Financial Results of the Company along with Auditor''s Report thereon for the quarter and financial year ended March 31, 2023 pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) BATA INDIA LTD. - 500043 - Board Meeting Outcome for - Declaration Of Audited (Standalone And Consolidated) Financial Results Of The Company Along With Auditor''s Report Thereon For The Quarter And Financial Year Ended March 31, 2023 And Details Of Dividend, AGM And Book Closure
Bata India Limited has informed about Audited (Standalone and Consolidated) Financial Results of the Company along with Auditor''s Report thereon for the quarter and financial year ended March 31, 2023 and details of Dividend, AGM and Book Closure