Shares of Bata India Limited slipped 1.93% to Rs 1,160.60 on Tuesday after the company reported a steep 70% year-on-year (YoY) drop in its consolidated net profit for Q1 FY26. The stock traded between Rs 1,152.50 and Rs 1,177.50 during the session, giving the company a market capitalization of Rs 14,918 crore and a price-to-earnings ratio of 45.11.
For the quarter ended June 30, 2025, consolidated net profit fell to Rs 52 crore from Rs 174 crore in the year-ago period. Revenue from operations was marginally lower at Rs 941.85 crore compared to Rs 944.63 crore a year earlier. Total expenses rose to Rs 884 crore from Rs 878 crore in the same quarter last year, as higher costs and subdued consumer demand weighed on performance.
MD and CEO Gunjan Shah attributed the weakness to fluctuating weather patterns, geopolitical uncertainties, and an unfavourable high base effect. He noted that the company continued to push affordability initiatives across categories to drive volume-based growth, and expressed optimism about consumption recovery in the second half of the year.
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