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. The company will announce its results on May 27.
Revenue is seen rising 9 percent to Rs 540 crore in the quarter ended March 2015 from Rs 495 crore in the year-ago period led by price hikes and improving realisations.
The company follows January-December as its financial year.
Operating profit may increase 6.7 percent year-on-year to Rs 70 crore but margin may decline 20 basis points to 13 percent in the first quarter of CY15.
Analysts expect like-to-like sales growth and volume growth to remain subdued. They see continued moderation in footfalls.
According to them, teething problems in implementation of SAP may impact sales.
Key factors to watch out for are same-store-sales growth for Q1, stores addition (Company had over 1400 store across India as of Q4CY14), premiumisation of products, revenues & margins outlook and updates on implementing SAP in all its stores.
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