Bata India reports 15% rise in net profit at Rs 83.19 crore in Q3 FY23 – ET Retail

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New Delhi: Footwear major Bata India has reported a 15.03 per cent rise in its consolidated net profit at Rs 83.19 crore for the third quarter ended December 31, 2022 as against the net profit of Rs 72.32 crore in the same period of previous fiscal, the company said in a BSE filing.

Also, its revenue from operations rose 7 per cent year-on-year (YoY) to Rs 900.21 crore in Q3 FY23 from Rs 841.30 crore in the same period of the last fiscal.

As per the regulatory filing, the footwear retailer’s total expenses also increased to Rs 798.08 crore in Q3 FY23 as against Rs 757.64 in Q3 FY22.

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