Bata India Ltd., incorporated in the year 1931, is a Large Cap company (having a market cap of Rs 23972.31 Crore) operating in Leather sector.
Bata India Ltd. key Products/Revenue Segments include Footwear and Other Operating Revenue for the year ending 31-Mar-2022.
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 952.31 Crore, up 39.23 % from last quarter Total Income of Rs 684.00 Crore and up 241.02 % from last year same quarter Total Income of Rs 279.25 Crore. Company reported net profit after tax of Rs 119.37 Crore in latest quarter.
Given the healthy business recovery in Q1FY23 and cautiously optimistic demand outlook going ahead, the brokerage maintains a BUY on the stock
Promoters held 50.16 per cent stake in the company as of 30-Jun-2022, while FIIs owned 6.84 per cent, DIIs 30.11 per cent.
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