Bata India Q4 net profit zooms 113.32% at Rs 62.80 cr
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The company reported standalone net profit of Rs 62.80 crore for the quarter ended March 31, 2022 as compared to Rs 29.44 crore in the same period last year, registering a year-on-year growth of 113.32 per cent. Net revenue of the company rose moderately by 12.77 per cent at Rs 665.25 crore in January-March quarter of this fiscal as against Rs 589.91 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 5.30 per cent to Rs 503.27 crore from Rs 477.93 crore in year ago period.
Other Income grew by 29.37 per cent at Rs 18.72 crore versus (Mar'21 Rs 14.47 crore). Operating Profit surged by 44.65 per cent to Rs 161.98 crore as against Rs 111.98 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 28.29 per cent in March quarter. Interest grew by 1.57 per cent y-o-y to Rs 24.54 crore, while Taxation increased by 98.44 per cent at Rs 21.61 crore (Mar'21 Rs 10.89 crore).
