Footwear major Bata India today reported a flat growth in standalone net profit at Rs 50.49 crore for the first quarter ended June 30.
The company had posted a net profit of Rs 50.18 crore during the April-June period a year ago.
Net sales were down 1.46 per cent during the quarter under review to Rs 674.26 crore as against Rs 684.29 crore of the corresponding quarter of the last fiscal, Bata India said in a BSE filing.
Shares of Bata today today settled at Rs 553.20 on BSE, down 4.60 per cent from the previous close.
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!
