Bata India shares jumped over 6% in early trade on Tuesday after the company reported a steady set of Q3 results, supported by margin expansion and double-digit growth in net profit. The stock reacted positively as investors took comfort from improved operating efficiency despite modest revenue growth.
Bata India Q3 Results: Key Highlights
For the December quarter, Bata India reported consolidated revenue of ₹945 crore, marking a year-on-year increase of 2.8% compared with ₹919 crore in the same quarter last year. EBITDA rose 6.6% YoY to ₹212 crore from ₹199 crore, reflecting better cost control and operational leverage.
EBITDA margin improved by 80 basis points to 22.4%, up from 21.6% a year ago, indicating stronger profitability despite a challenging demand environment. Net profit for the quarter increased 12.8% YoY to ₹66.1 crore, compared with ₹58.6 crore in Q3 of the previous financial year.
Bata India Share Price Performance
Following the Q3 earnings announcement, Bata India shares surged more than 6% during early trading hours. As of 9:35 AM IST, the stock was trading sharply higher after opening at ₹903.95, compared with the previous close of ₹884.20.
During the session, the stock touched a low of ₹900.00 and a high of ₹958.55. Over the past year, Bata India has seen a 52-week low of ₹838.95 and a 52-week high of ₹1,378.95.