'For
the quarter ending Dec 2023, consolidated Net sales (including other operating income) of Bata India has increased 0.36% to Rs 903.47 crore compared to quarter ended Dec 2022. Operating profit margin has declined from 22.90% to 20.19%, leading to 11.49% decline in operating profit to Rs 182.44 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 5.44% to 6.90%. Purchase of finished goods cost rose from 27.50% to 34.45%. Employee cost decreased from 13.99% to 11.90%. Other expenses rose from 25.03% to 25.63%. Other income rose 45.59% to Rs 11.05 crore. PBIDT fell 9.47% to Rs 193.49 crore. Provision for interest rose 3.08% to Rs 29.46 crore.
PBDT fell 11.40% to Rs 164.03 crore. Provision for depreciation rose 14.08% to Rs 85.99 crore.
Profit before tax down 28.90% to Rs 78.04 crore. Sh...
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