Are Bata India latest results good or bad?

Bata India has reported its financial results for the quarter ending March 2025, which reflect a challenging operational environment. The company experienced a notable decline in key financial metrics, with Profit Before Tax (PBT) falling to Rs 39.88 crore, a significant reduction compared to the previous four-quarter average of Rs 64.70 crore. Profit After Tax (PAT) also decreased to Rs 45.92 crore, down from an average of Rs 62.30 crore in prior quarters.
The net sales for the quarter were recorded at Rs 788.21 crore, marking the lowest figure in five quarters and a decline of 9.9% from the previous four-quarter average of Rs 874.61 crore. Additionally, the company faced increased interest expenses, which rose to Rs 34.76 crore, indicating higher borrowing levels. The Earnings per Share (EPS) fell to Rs 3.57, suggesting a decline in profitability.

The quarterly results indicate a downward trend in both net sales and consolidated net profit, with net sales showing a QoQ decline of 14.21% and consolidated net profit down by 21.77% compared to the previous quarter. Furthermore, the operating profit margin (excluding other income) slightly adjusted to 21.71%.

Overall, these results suggest that Bata India is navigating a difficult period, and the company saw an adjustment in its evaluation as a result of these financial outcomes.