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Bata India share price drops 3% on weak Q2 operational performance

Business Standard LogoBusiness Standard2w ago

Bata India share price drops 3% on weak Q2 operational performance - Business Standard

Quick Summary:

Overall, the company’s bottom line, also known as profit, zoomed 53 per cent annually to Rs 52 crore, as opposed to Rs 34 crore in the same quarter last year.

The company’s earnings before interest, taxes, depreciation and amortisation (Ebitda), also known as, operating profit, dropped 4 per cent year-on-year (Y-o-Y) to Rs 174.5 crore in Q2FY25, from Rs 181.6 crore in Q2FY24.

At 10:20 AM, Bata India shares were trading 1.62 per cent lower at Rs 1,315.20.


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Article Details

Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 10:25:38 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 566 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23422573

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Official Website: business-standard.com

Update Frequency: 213 posts per day

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News Last Updated: 2 hours ago

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Publisher ID: #49

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