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Net Sales are expected to increase by 23.7 percent Y-o-Y (down 13.3 percent Q-o-Q) to Rs. 729.8 crore, according to ICICI Direct.
Net Sales are expected to increase by 32 percent Y-o-Y (up 32.1 percent Q-o-Q) to Rs. 811.2 crore, according to ICICI Direct.
Net Sales are expected to decrease by 1 percent Y-o-Y (down 0.2 percent Q-o-Q) to Rs. 613.6 crore, according to ICICI Direct.
Net Sales are expected to increase by 10.1 percent Y-o-Y (up 29.3 percent Q-o-Q) to Rs. 878.1 crore, according to ICICI Direct.
Net Sales are expected to increase by 13.1 percent Y-o-Y (down 8.1 percent Q-o-Q) to Rs. 715.3 crore, according to ICICI Direct.
Given Bata’s robust fundamentals and its ability to derive healthy operating margins, it is not surprising to see the company trading at lofty valuations of 42 times its 2-year forward earnings.
Product premiumisation, network augmentation and brand differentiation across categories could augur well for the company in the long-run.
Net Sales are expected to increase by 7.6 percent Y-o-Y (down 5.5 percent Q-o-Q) to Rs. 636.6 crore, according to ICICI Direct.
For the company, focused asset-light expansion, operating leverage, and benefits of GST transition are likely to lead to improved earnings visibility.
We have opened almost 29 stores this quarter and around 67 stores in H1, Rajeev Gopalakrishnan, President of Asia South, Bata Emerging Markets told CNBC-TV18.
Bata India has put its best foot forward this quarter after posting a decent set of numbers. In an interview to CNBC-TV18, Rajeev Gopalakrishnan, President-Asia South, Bata India spoke about the results and his outlook for the company.
In an interview to CNBC-TV18, Chander Agarwal, MD & CEO, TCI Express spoke about the results and his outlook for the company.
Operating profit during the quarter is likely to jump 8.7 percent Rs 60.1 crore
Profit is likely to be at Rs 60 crore during the quarter against Rs 92 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18. The base quarter had an exceptional gain of Rs 43 crore on account of receipt from property development.
Net Sales are expected to up 10.5 percent Y-o-Y to Rs 751.2 crore, according to Axis Securities
Footwear maker Bata India's fourth quarter profit is expected to fall 47 percent to Rs 31 crore compared to year-ago period, according to analysts polled by CNBC-TV18. It had an exceptional gain of Rs 33 crore in Q4FY15.
Analysts polled by CNBC-TV18 expect revenue growth to be led by price hikes and improving realisations while festive season should aid growth on low base.
Operating profit (earnings before interest, tax, depreciation and amortisation) during the quarter may increase 10.2 percent to Rs 70 crore and margin may expand 20 basis points to 11.8 percent compared to same quarter last fiscal.
Analysts see same-store sales growth at 5-8 percent in June quarter. They expect this quarter to see benefits of e-commerce and loyalty program and also expect to see resolution of supply chain issues.
Footwear manufacturing company Bata India is expected to report a 1.5 percent growth in profit at Rs 40 crore during January-March quarter compared to Rs 39.4 crore in the year-ago period, according to a CNBC-TV18 poll.
Bata India's fourth quarter profit after tax is seen rising 24.8 percent year-on-year to Rs 65.8 crore, according to the average of estimates of analysts polled by CNBC-TV18. Adjusted profit may increase 10.7 percent on yearly basis.
Bata likely to post higher sales on back of festive season
Bata India will declare its second quarter (April-June) numbers today. Analysts expect the shoe maker's profit after tax to grow by 15.5 percent year-on-year to Rs 60.8 crore, according to a CNBC-TV18 poll.