Bata India surges on reporting 2-fold jump in Q4 consolidated net profit
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Bata India is currently trading at Rs. 1802.55, up by 28.80 points or 1.62% from its previous closing of Rs. 1773.75 on the BSE.
The scrip opened at Rs. 1788.00 and has touched a high and low of Rs. 1807.30 and Rs. 1775.00 respectively. So far 7076 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2261.65 on 16-Nov-2021 and a 52 week low of Rs. 1527.40 on 01-Jun-2021.
Last one week high and low of the scrip stood at Rs. 1814.05 and Rs. 1672.25 respectively. The current market cap of the company is Rs. 23159.38 crore.
The promoters holding in the company stood at 52.96%, while Institutions and Non-Institutions held 34.07% and 12.97% respectively.
Bata India has reported results for fourth quarter and year ended March 31, 2022.
The company has reported 2- fold jump in its net profit at Rs 62.80 crore for the quarter under review as compared to Rs 29.44 crore for the same quarter in the previous year. Total income of the company increased by 13.71% at Rs 683.97 crore for Q4FY22 as compared Rs 604.38 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 2- fold jump in its net profit at Rs 62.96 crore for the quarter under review as compared to Rs 29.47 crore for the same quarter in the previous year. Total income of the company increased by 13.19% at Rs 683.99 crore for Q4FY22 as compared Rs 604.29 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported net profit at Rs 100.89 crore as compared to net loss of Rs 90.28 crore for the previous year. However, total income of the company decreased by 35.66% at Rs 2443.62 crore for year under review as compared to Rs 1801.33 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported net profit at Rs 102.99 crore as compared to net loss of Rs 89.31 crore for the previous year. Total income of the company increased by 35.57% at Rs 2443.71 crore for year under review as compared to Rs 1802.57 crore for year ended March 31, 2021.
