BATA INDIA LTD

Bata India Limited reported a turnover of INR 979 crores for Q1 FY27, reflecting a 4% growth driven by both volume and price increases. Management highlighted a 22% growth in underlying profit before tax (PBT) and noted the achievement of over 2,000 exclusive brand outlets (EBOs), with plans to expand to 3,000. Advertising expenditure increased by 25%, and the company experienced broad-based growth across various channels, including e-commerce. Management addressed cost inflation due to elevated raw material prices, indicating that price increases were implemented to protect margins. They observed a resurgence in lower price points but noted stronger growth in premium products. The management emphasized ongoing initiatives to enhance product offerings and improve store experiences, while also discussing the impact of inventory management on gross margins. The earnings call concluded with management expressing optimism about future growth prospects.

Management emphasized growth and strategic initiatives during the earnings call.