Bata India’s Profit Falls 70%; Slump in Footwear Sales Drags Shares to One-Year Low
Business
Bata India reported a 70% drop in profit as sales of shoes and slippers declined due to weak consumer demand and other market factors, pushing its shares to a one-year low.
Bata India Share Bata India's consolidated net profit in Q1 fell 70 per cent year-on-year to Rs 52 crore, while in the same quarter of the previous financial year, the company had achieved a consolidated net profit of Rs 174 crore. The stock has declined 15 per cent so far in 2025.
Shares of the country's leading footwear company Bata India are trading with a decline on August 12. In fact, the company had released its first quarter results of FY26, in which the shares fell due to weak performance. The company's consolidated net profit in Q1 fell 70 per cent year-on-year to Rs 52 crore. In the same quarter of the previous financial year, the company had achieved a consolidated net profit of Rs 174 crore. The stock has declined 15 per cent so far in 2025.
This is due to the company's increased expenses, sluggish consumer demand and higher baseline effect. Bata India shares opened at Rs 1172 in the morning and hit a high of Rs 1177.50. Currently, Bata shares are trading at Rs 1164 with a weakness of more than one and a half percent.
The company's operational revenue also decreased
Bata India's revenue from operations stood at Rs 941.85 crore in the first quarter of FY 26, slightly lower than Rs 944.63 crore in the same period a year ago. Total expenses during this quarter increased to Rs 884 crore, while it was Rs 878 crore in the same period last year.
Why the company's results were weak
Bata India MD and CEO Gunjan Shah said, "This quarter saw many challenges in the business due to weather fluctuations and geopolitical uncertainties. Amidst all this and demand-related trends, we pushed forward our affordable initiatives across categories to boost volume-based growth."
Regarding the future outlook, the company said that we have a positive view of the improvement in consumption in the rest of this year, with our strong position in the market and wide network we will accelerate the business.
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