Footwear major Bata India Ltd on Monday reported a 73.26% year-on-year (YoY) decline in its consolidated net profit to ₹13.9 crore for the quarter ended September 2025, marking its third consecutive quarterly drop in profit. The company had posted a profit of ₹51.98 crore in the same quarter last year.
The sharp decline was attributed to lower revenue and rising expenses during the quarter. Bata, which owns popular brands such as Hush Puppies and North Star, also cited GST transition-related challenges in Q2, though it noted that the festive season showed early signs of recovery after September 22.
Bata’s consolidated revenue from operations for the quarter stood at ₹801.33 crore, compared to ₹837.14 crore in the corresponding period last fiscal. Meanwhile, total expenses rose to ₹795.2 crore, up from ₹785.09 crore in the year-ago quarter.
The company also incurred an additional expense of ₹8.27 crore due to a voluntary retirement scheme (VRS) at one of its manufacturing units. Additionally, it mentioned that a disruption at one of its largest warehouses in July had a temporary impact on business operations, though it did not disclose further details.
Despite short-term headwinds, Bata said it remains focused on expanding its casual and athleisure segments to appeal to younger consumers amid a broader slowdown in the retail market. Analysts expect the company’s performance to improve in the second half of FY26, supported by GST rate reductions and a revival in consumer spending during the festive and winter seasons.
