Wednesday, 6 August 2014

Bata India Down 4% on Q1 Miss

Bata India shares fell over 4 per cent to Rs. 1,200 on Wednesday as the company's June quarter earnings were below estimates.
Its net profit declined 4 per cent year-on-year (y-o-y) to Rs. 59.3 crore whereas its revenue grew nearly 9 per cent y-o-y to Rs. 621.6 crore in the first quarter on FY15.

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