Bata India Q3 net up 17.29% at Rs 37.59 cr
Bata India's Q3 net sales stood at Rs 484.15 crore, up 14.31 percent compared with Rs 423.54 crore in the same quarter of its 2012 fiscal.
October 30, 2013 / 15:56 IST
Footwear retailer Bata India today reported 17.29 percent increase in standalone net profit at Rs 37.59 crore for the third quarter ended September 20, 2013.
It had reported net profit of Rs 32.04 crore in the July- September quarter of last year, Bata India said in a release. Bata India's Q3 net sales stood at Rs 484.15 crore, up 14.31 percent compared with Rs 423.54 crore in the same quarter of its 2012 fiscal. Bata India group managing director Rajeev Gopalakrishnan said: "Bata has witnessed constant growth over the years, which endorses our strong understanding of the consumer needs and lifestyle. New designs have helped us in constantly growing our customer base while meeting the changing lifestyle needs of our loyal customers." Overall expenses in the July-September quarter were at Rs 436.79 crore, up 13.33 percent as against Rs 385.41 crore in the same period last year. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!