Bata India Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Bata India Ltd reported a 8.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 1.5%.
- Its expenses for the quarter were up by 7.1% QoQ and 0.5% YoY.
- The net profit increased 12.9% QoQ and increased 1.2% YoY.
- The earnings per share (EPS) of Bata India Ltd stood at 4.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 928.66 | 854.33 | 914.52 | 8.7% | 1.5% |
Total Expenses | 840.57 | 784.55 | 836.48 | 7.1% | 0.5% |
Profit Before Tax | 77.30 | 69.78 | 78.04 | 10.8% | -0.9% |
Tax | 18.61 | 17.80 | 20.06 | 4.6% | -7.2% |
Profit After Tax | 58.70 | 51.98 | 57.98 | 12.9% | 1.2% |
Earnings Per Share | 4.60 | 4.00 | 4.50 | 15.0% | 2.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Bata India Ltd is a leading footwear manufacturing company, renowned for its wide range of stylish and comfortable footwear products. Operating within the footwear industry, Bata India Ltd has established a significant presence across various market segments, catering to diverse customer needs with offerings that encompass leather, canvas, rubber, and sports shoes. The company is part of the larger Bata Shoe Organization, which is a global entity with operations in several countries. Bata India has been an iconic brand in the Indian market for decades, known for its commitment to quality and innovation in footwear design. As of the latest information, no recent major developments or changes in the company's strategic direction have been made available.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Bata India Ltd reported a total income of ₹928.66 crores. This marks an increase of 8.7% from the previous quarter (Q2FY25), where the total income was ₹854.33 crores. Comparing year-over-year performance, there is a modest increase of 1.5% from Q3FY24, where the total income stood at ₹914.52 crores. The consistent growth in total income both on a quarterly and yearly basis reflects the company's ability to sustain its revenue streams despite market fluctuations and competitive pressures within the industry.
Profitability
The profitability metrics for Bata India Ltd in Q3FY25 show a profit before tax of ₹77.30 crores, which is a 10.8% increase from the previous quarter's ₹69.78 crores. However, when compared to the same quarter in the previous year (Q3FY24), there is a slight decrease of 0.9% from ₹78.04 crores. The tax expense for Q3FY25 was ₹18.61 crores, up by 4.6% from Q2FY25 but down by 7.2% compared to Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹58.70 crores, showing an increase of 12.9% from Q2FY25 and a year-over-year increase of 1.2%. Earnings per share in the current quarter are ₹4.60, which represents a 15.0% increase from the previous quarter and a 2.2% increase year-over-year.
Operating Metrics
Total expenses for Bata India Ltd in Q3FY25 amounted to ₹840.57 crores, which is a 7.1% increase from Q2FY25’s total expenses of ₹784.55 crores and a slight increase of 0.5% from Q3FY24's expenses of ₹836.48 crores. The company has managed to maintain a stable expense structure while growing its income, indicating efficient operational management. The company's earnings before tax and after tax have shown growth on a quarter-over-quarter basis, with the profit after tax showing a more pronounced increase, reflecting effective cost management and strategic financial planning. The earnings per share growth aligns with the profitability improvements observed in the current quarter.
