Bata India Q3 Profit Jumps 13% on Festive Demand, Tax Relief

• Bata India reported a 13% year-on-year increase in net profit to Rs 66.1 crore for Q3.
• Revenue grew by 2.8% to Rs 944.6 crore, driven by strong festive season demand.
• EBITDA rose by 6.5% to Rs 211.7 crore, with margins improving from 21.6% to 22.4% due to tax relief.
• Premium brands like Hush Puppies and Power showed strong growth, and 27 new franchise stores were added.
• The company expanded its Zero Base Merchandising project to over 400 stores and reduced total inventory by 11%.