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Pretax profit at Bata India up 7% in Q1FY17
09
Aug '16
Profit before tax at footwear marketer Bata India went up 7 per cent to Rs 76.24 crore in the first fiscal quarter ended June 30, 2017 as against Rs 71.27 crore in the prior fiscal's first quarter.

However, sales fell 1 per cent to Rs 674.28 crore in the quarter under review from Rs 684.30 crore in the first quarter of fiscal 2015-16.

“The quarter focused on giving a new impetus to the online marketplace and a wider range of products for the young consumer including working women,” the company said.

MD Rajeev Gopalakrishnan too said, “We continue to see great response to our ecommerce site which caters to evolving shopping habits of consumers looking for ease and convenience.”

“Consistently we have been the leading brand of choice focused on style, quality and accessibility and going forward, we will continue to maintain this stature with a focus to tap the fashion conscious youth,” he added. (AR)

Fibre2fashion News Desk - India

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