Bata India's quarterly profit rises on festive demand, tax relief benefits

Campus Activewear

09/02/2026 14:52

Feb 9 (Reuters) - Footwear chain Bata India BATA.NS posted a 13% rise in its quarterly profit on Monday, helped by festive demand and consumption tax cuts by the government.

The company, which sells Hush Puppies and North Star shoes in India, posted a consolidated quarterly profit of 661 million rupees ($7.29 million) for the third quarter ended December 31, up from 587 million rupees a year earlier.

Bata's quarterly revenue rose 3% to 9.45 billion rupees, returning to growth after declines in the first two quarters.

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KEY CONTEXT

India's government last September cut the goods and services tax on footwear priced below 2,500 rupees, supporting demand for affordable shoes.

Bata India had flagged signs of a recovery in demand during the local festive season late last year after reporting a steep profit decline in the July–September quarter, when consumers delayed purchases to wait for lower tax rates.

Peers Metro Brands METB.NS and Campus Activewear CAMU.NS also posted strong quarterly profit growth in the corresponding period.

PEER COMPARISON

Valuation (next 12 months)
Estimates (next 12 months)
Analysts' sentiment
RIC
PE
EV/EBITDA
Price/Sales
Revenue growth (%)
Profit growth (%)
Mean rating*
# of analysts
Stock to price target**
Div yield (%)
Bata India Ltd
BATA.NS
41.37
14.03
NULL
6.98
28.72
Sell
8
0.84
2.24
Metro Brands Ltd
METB.NS
57.78
29.21
NULL
16.27
20.79
Buy
22
0.83
0.58
Campus Activewear Ltd
CAMU.NS
47.20
24.75
NULL
13.68
21.95
Buy
8
0.89
0.37

* The mean of analysts' ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell

** The ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT

OCTOBER-DECEMBER STOCK PERFORMANCE FOR PEERS

-- All data from LSEG

-- $1 = 90.6540 Indian rupees

Bata India Q3 2025 stock performance https://tmsnrt.rs/4cebP1d

 (Reporting by Surbhi Misra in Bengaluru and Praveen Paramasivam in Chennai; Editing by Ronojoy Mazumdar and Shreya Biswas)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))