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.
Revenue is seen rising 12.2 percent to Rs 551 crore YoY. Operating profit may jump 20 percent to Rs 56.5 crore and margin may expand 100 basis points to 10.3 percent compared to same period last year.
Analysts expect steady revenue growth owing to low base. Base quarter was marred with SAP implementation issues. Revenue is expected to grow due to EoSS (end of season sale) and promotions during the quarter but increased competition from e-commerce remains a threat, feel analysts.
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