Shares of Bata India declined 3 percent to Rs 1,152 on August 12 after the footwear maker posted a lacklustre performance for the June quarter (Q1FY26).
So far in 2025, the stock has slipped 15 percent, sharply underperforming the benchmark Nifty 50’s 2 percent gain in the same period.
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For the quarter ended June 30, 2025, consolidated net profit plunged 70 percent year-on-year to Rs 52 crore, dragged down by higher expenses, muted consumer demand, and an unfavourable high base effect. In the same quarter last fiscal, the company had reported a consolidated net profit of Rs 174 crore.
Revenue from operations stood at Rs 941.85 crore in Q1FY26, marginally lower than Rs 944.63 crore in the year-ago period.
Total expenses rose to Rs 884 crore during the quarter, compared with Rs 878 crore in the corresponding period last year.
“The quarter witnessed headwinds accentuated by fluctuating weather patterns and geopolitical uncertainties. Amidst these and considering the demand trends, we pushed ahead our affordability initiatives across categories to drive volume-based growth,” said Gunjan Shah, MD and CEO, Bata India.
On the outlook, Shah added, “We are optimistic about the consumption recovery towards the balance of this year, backed by our strong market positioning and wide network, while maintaining a strong focus on cost efficiencies.”
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