The corporate had posted a consolidated web revenue of Rs 174 crore within the corresponding quarter final fiscal, Bata India mentioned in a regulatory submitting.
Consolidated income from operations within the first quarter stood at Rs 941.85 crore in opposition to Rs 944.63 crore within the year-ago interval, it added.
Bata India mentioned through the quarter ended June 30, 2024, and yr ended March 31, 2025, the board of administrators of the holding firm authorised the sale of a freehold industrial land to an unrelated social gathering for a consideration of Rs 156 crore.
The sale deed has been executed and the full consideration has additionally been acquired on the identical date. There’s a acquire on sale of the aforesaid land (web of associated bills) of Rs 133.95 crore, which has been disclosed as an distinctive merchandise for the year-ago quarter, it added.
Whole bills within the quarter below evaluate had been greater at Rs 884 crore in comparison with Rs 878 crore in the identical interval final fiscal. “The quarter witnessed headwinds accentuated by fluctuating climate patterns and geopolitical uncertainties. Amidst these and contemplating the demand developments, we pushed forward our affordability initiatives throughout classes to drive volume-based development,” Bata India MD and CEO Gunjan Shah mentioned. The corporate mentioned outcomes for the quarter “show disciplined execution of our methods on affordability, funding in advertising and know-how, elevating buyer expertise within the face of sluggish consumption momentum through the quarter”. On the outlook, Shah mentioned, “We’re optimistic in regards to the consumption restoration in direction of steadiness of this yr, backed by our sturdy market positioning and broad community whereas sustaining sturdy give attention to value efficiencies.”
