Conference Call with Bata India Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Footwear company Bata India announced Q2FY25 results Financial Highlights: Revenue from operations for the Q2FY25 stood at Rs 8,371 million, compared to Rs 8,191 million in Q2FY24. Operating Profit was reported at Rs 524 million. Other Highlights: Continued expansion with a network of 1955 (COCO and Franchise) stores. 48 stores renovated in this year, elevating customer experience with style and technology propositions. Successful execution of portfolio casualization strategy – Sneaker Studio implemented in 756 stores. Net Promoter Score (NPS) improved to 80. 4 Exclusive Brand Outlets (EBOs) for Power, 136 EBOs for Hush Puppies, 14 Kiosk for Floatz. Launched limited-edition collections through strategic collaborations, including Bata Red Label x Emily in Paris and Hush Puppies x Peanuts. Ahead of the festive season, launched Pujo Glam Collection. Unveiled global campaign ‘Stronger Inside’ for Power and launched Energy Collection, democratising fitness at accessible prices. Gunjan Shah, MD and CEO, Bata India, said: “Despite continuing market headwinds and subdued consumption, we saw some recovery in our growth trajectory through the quarter backed by focused execution of strategic initiatives. We are seeing strong validation of our premiumisation strategy across channels, with premium products showing robust growth and increased contribution to our revenue mix. Our Brand stories connected well with the targeted audience. Our expansion through franchise stores in Tier 3-5 markets, combined with our robust digital presence, is helping us tap into new growth opportunities with a strengthened omnichannel approach. Our conscious efforts on Franchise model expansion are showing good results. Cost efficiency remains a cornerstone across all operations including manufacturing facilities. We continue to maintain a balanced approach between managing near-term challenges and investing in long-term growth drivers. We are optimistic about consumption recovery in the coming quarters, backed by festive season momentum and our strong market positioning.” Result PDF