Bata India slips to over five-year low as quarterly profit declines

Bata India

12/08/2025 05:39

** Shares of Bata India Ltd BATA.NS fall as much as ~1.9 % to 1,163 rupees, their lowest level since March 2020

** Footwear retailer posts a 10% decline in Q1 consolidated profit before exceptional items and tax to 748.5 million rupees ($8.54 million)

** Co accounts for expenses of nearly 1% higher y/y amid weak consumer demand

** 8  of the 16 analysts covering BATA rate it "Sell" or "Strong Sell",  seven "Hold",  while one rates it as "Buy"; median PT is 1,225 rupees - data compiled by LSEG

** Stock down 16.5%, YTD

($1 = 87.6562 Indian rupees)

(Reporting by Urvi Dugar)

((UrviManoj.Dugar@thomsonreuters.com;))