Are Bata India latest results good or bad?

Bata India has reported its financial results for the quarter ending March 2025, revealing several challenging trends. The company's net sales reached Rs 788.21 crore, which is the lowest in five quarters and reflects a decline of 9.9% compared to the average of the previous four quarters. This decline is further emphasized by a quarterly growth rate of -14.21% compared to the prior quarter.
In terms of profitability, the Profit Before Tax (PBT) fell to Rs 39.88 crore, indicating a significant decrease of 38.4% from the average of the previous four quarters. The Profit After Tax (PAT) also saw a decline, reaching Rs 45.92 crore, which is a 26.3% reduction compared to the prior average. The quarterly growth rate for consolidated net profit was reported at -21.77% relative to the previous quarter.

Additionally, the company faced rising interest expenses, which surged to Rs 34.76 crore, marking the highest level in five quarters. This suggests an increase in borrowings, which may impact future financial flexibility. The Earnings per Share (EPS) fell to Rs 3.57, indicating a decline in profitability.

Overall, these results suggest that Bata India is experiencing a challenging period, with trends indicating a need for strategic reassessment. Furthermore, the company saw an adjustment in its evaluation following these results.