Weak demand weighs on Bata India
13/08/2025
Revenue for the three months to June 30 slipped 0.3% year on year, while expenses rose nearly 1%. The results were affected by sluggish consumer demand and higher costs, including 47.8 million rupees spent on a voluntary retirement scheme at one manufacturing unit. In the same period last year, the company booked a gain of 1.34 billion rupees from the sale of a land parcel.
Bata, which sells footwear and leather accessories, said weather-related challenges likely reduced store footfall in the quarter. However, it remains optimistic about a recovery in consumption later in the year.
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