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Bata Q1 net seen up 8%; same-store sales growth may be 5-8%

Analysts see same-store sales growth at 5-8 percent in June quarter. They expect this quarter to see benefits of e-commerce and loyalty program and also expect to see resolution of supply chain issues.

August 05, 2015 / 10:24 AM IST
 
 
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Footwear company Bata India's first quarter earnings are expected to be steady with the net profit rising 7.7 percent year-on-year to Rs 64 crore and revenue increasing 8 percent to Rs 672 crore, according to average of estimates of analysts polled by CNBC-TV18.


Operating profit (earnings before interest, tax, depreciation and amortisation) may grow 6.8 percent to Rs 104 crore but margin may fall 20 basis points to 15.5 percent in the quarter gone by.


Analysts see same-store sales growth at 5-8 percent in June quarter. They expect this quarter to see benefits of e-commerce and loyalty program and also expect to see resolution of supply chain issues.

Negative operating leverage may pressure margins and higher rent is also likely to bear down on operational gain. Analysts expect advertising expenditure to remain high in June quarter.

first published: Aug 5, 2015 10:24 am

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