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Last Updated : Nov 03, 2015 09:17 PM IST | Source: CNBC-TV18

Bata India Q2 earnings may be muted on sluggish demand

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.


Footwear manufacturer Bata India's July-September quarter earnings are expected to be muted due to sluggish demand. Profit is likely to increase 7.6 percent year-on-year to Rs 42 crore and revenue is seen rising 8.3 percent to Rs 594 crore in quarter gone by, according to analysts polled by CNBC-TV18. Earnings will be announced on November 4.


Aggressive store expansion in the quarter may add to expenses, feel analysts, saying the company is expected to lose some market share owing to online players.


Gross margin is expected to remain stable but operating margin may see some pressure due to higher rent cost.

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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.



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First Published on Nov 3, 2015 12:08 pm
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