Back Bata India Q4 results: Share price rallies over 4% in strong Q4 earnings
Bata India shares rallied over 4% on Friday after the company reported its earnings for the quarter ended March 2023.
The stock jumped as much as 4.62% in the early trade to ₹1,596.10 apiece on the BSE.
Bata India Ltd on Thursday reported 4.5 per cent rise in standalone net profit to ₹65.55 crore for the quarter ended March 2023.
This is against a net profit of ₹63 crore in the corresponding quarter last fiscal.
The revenue from operations rose by 17 per cent to ₹778.5 crore for the quarter under review as against ₹665.3 crore in the year ago period.
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