'For quarter ending June 2024, consolidated Net sales (including other operating income) of Bata India has declined 1.41% to Rs 944.63 crore compared to quarter ended June 2023. Operating profit margin has jumped from 25% to 33.76%, leading to 33.14% rise in operating profit to Rs 318.90 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 7.21% to 6.54%. Purchase of finished goods cost fell from 35.76% to 33.82%. Employee cost increased from 11.39% to 13.91%. Other expenses rose from 19.60% to 24.45%.
Other income rose 22.38% to Rs 16.24 crore. PBIDT rose 32.58% to Rs 335.14 crore. Provision for interest rose 9.49% to Rs 30.81 crore.
PBDT rose 35.47% to Rs 304.33 crore. Provision for depreciation rose 7.55% to Rs 87.21 crore.
Profit before tax grew 51.24% to Rs 217.12 crore. Share of profit/los...
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(08-Nov-2024)
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