Bata India slumps after posting third straight quarterly profit decline

Bata India

28/10/2025 04:00

** Shares of Bata India BATA.NS fall 5.5% to 1,101 rupees, their lowest level since August 29

** Footwear retailer posts a 73.3% plunge in quarterly profit, marking its third straight decline

** Bottom line hit by deferred purchases ahead of expected tax cuts and a one-off voluntary retirement scheme expense at a factory

   ** Co posts 4.3% fall in revenue

   ** Seven of the 15 analysts covering BATA rate it "Sell" or "Strong Sell", five "Hold", while one rates it "Buy"; median PT is 1,085 rupees - data compiled by LSEG

   ** Stock down ~15%, YTD

($1 = 87.8950 Indian rupees)

 (Reporting by Yagnoseni Das in Bengaluru)

 ((Yagnoseni.Das@thomsonreuters.com;))