{"id":142660,"date":"2023-02-23T08:44:17","date_gmt":"2023-02-23T13:44:17","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142660"},"modified":"2023-02-23T08:49:17","modified_gmt":"2023-02-23T13:49:17","slug":"earnings-bata-india-ltd-nsebataindia-q3fy23-results-out-total-income-rise-6-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/earnings-bata-india-ltd-nsebataindia-q3fy23-results-out-total-income-rise-6-yoy\/","title":{"rendered":"Earnings | Bata India Ltd. (NSE:BATAINDIA): Q3FY23 Results Out; Total Income rise 6% YoY"},"content":{"rendered":"\n<p><a href=\"https:\/\/44.250.171.167\/symbol\/bataindia\/\">Bata India Ltd. (NSE:BATAINDIA)<\/a> is a footwear manufacturing and retailing company based in India. It is a subsidiary of the global shoe brand Bata, which was founded in 1894 in Czechoslovakia. Bata India was founded in 1931 and has since become a leading footwear brand in the Indian market, with over 1,500 retail stores across the country. Bata India offers a wide range of footwear for men, women, and children, including casual shoes, sports shoes, formal shoes, sandals, and boots. The company also operates a number of accessories and apparel stores under the brand name Hush Puppies.<\/p>\n\n\n\n<p>Bata India Ltd. reported a year-on-year (y-o-y) revenue growth of 7% to Rs. 900 crore in the third quarter of FY23, which was lower than expectations. This increase in revenue was driven by growth in products in the price range of over Rs. 2,000, while revenue from products in the price range of less than Rs. 1,000 declined. Overall volumes fell by 5% y-o-y due to sluggish demand in categories with lower price points. Despite inflation, Bata India&#8217;s gross margins remained strong at 54.8%, which was an improvement of 210 basis points y-o-y. The company continued to optimize its retail network and looked for cost savings. It opened 65 new stores in Q3, leading to a total of 2,021 stores in 563 cities.<\/p>\n\n\n\n<p>Bata India also made significant progress on distribution expansion across categories and enhanced its portfolio in the casual and fashion footwear section. The company reported an 8.5% quarter-on-quarter (q-o-q) revenue growth and a 7% y-o-y revenue growth in Q3FY23. In terms of financial performance, Bata India&#8217;s total revenue increased by 6.2% y-o-y to Rs. 907.80 crore in December 2022. Operating profit increased by 22.2% y-o-y to Rs. 206.10 crore, while net profit increased by 15% y-o-y to Rs. 83.19 crore. Basic earnings per share (EPS) increased by 14.9% y-o-y to Rs. 6.47.<\/p>\n\n\n\n<p>Overall, Bata India&#8217;s revenue growth in Q3FY23 was lower than expected due to sluggish demand in certain categories. However, the company&#8217;s gross margins remained strong, and it continued to optimize its retail network and expand its distribution. Bata India also made progress in enhancing its portfolio in the casual and fashion footwear section.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bata India Ltd. (NSE:BATAINDIA) is a footwear manufacturing and retailing company based in India. It is a subsidiary of the global shoe brand Bata, which was founded in 1894 in Czechoslovakia. Bata India was founded in 1931 and has since become a leading footwear brand in the Indian market, with over 1,500 retail stores across [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,12],"tags":[9812],"class_list":["post-142660","post","type-post","status-publish","format-standard","hentry","category-earnings","category-other-industries","tag-shoes"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":146714,"url":"https:\/\/alphastreet.com\/india\/earnings-bata-india-ltd-nse-bataindia-q4fy23-results-out-total-income-rises-15-yoy\/","url_meta":{"origin":142660,"position":0},"title":"Earnings | Bata India Ltd (NSE: BATAINDIA): Q4FY23 Results Out; Total Income rises 15% YoY.","author":"Divyansh_Kasana","date":"May 19, 2023","format":false,"excerpt":"Bata India is a prominent company primarily involved in the manufacturing and trading of footwear and accessories. It operates through an extensive retail and wholesale network, catering to the diverse footwear needs of customers. With a rich heritage and global presence, Bata India has established itself as a trusted brand\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-2-3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":141590,"url":"https:\/\/alphastreet.com\/india\/bata-india-ltd-nse-bataindia-ltd-q3-fy23-results-out-total-income-rise-6-yoy\/","url_meta":{"origin":142660,"position":1},"title":"Bata India ltd.(NSE: BATAINDIA) Ltd. : Q3 FY23 Results Out; Total Income rise 6% YoY","author":"Divyansh_Kasana","date":"February 14, 2023","format":false,"excerpt":"Bata India Ltd (NSE:BATAINDIA) is a well-known footwear company in India that operates through a network of retail stores, wholesale and online channels. The company offers a wide range of products including shoes, sandals, boots, sneakers, and accessories for men, women, and kids. Bata India has been in the market\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/234103ff-3073-4055-ba2a-be068133d98d.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/234103ff-3073-4055-ba2a-be068133d98d.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/234103ff-3073-4055-ba2a-be068133d98d.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/234103ff-3073-4055-ba2a-be068133d98d.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/234103ff-3073-4055-ba2a-be068133d98d.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/234103ff-3073-4055-ba2a-be068133d98d.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170823,"url":"https:\/\/alphastreet.com\/india\/bata-india-q1-fy26-earnings-results\/","url_meta":{"origin":142660,"position":2},"title":"Bata India Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"September 2, 2025","format":false,"excerpt":"Bata India Ltd is engaged in manufacturing and selling footwear and accessories through an extensive retail and wholesale network. Presenting below its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results Revenue: \u20b9942 crore, down 0.32% year-on-year (YoY) from \u20b9945 crore in Q1 FY25. Total Expenses: \u20b9884 crore, up 0.68% YoY\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"BATAINDIA Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/BATA.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/BATA.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/BATA.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/BATA.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/BATA.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/BATA.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":180596,"url":"https:\/\/alphastreet.com\/india\/bata-india-limited-financial-review-q3-fy26-revenue-gains-amid-structural-transformation\/","url_meta":{"origin":142660,"position":3},"title":"Bata India Limited Financial Review: Q3 FY26 Revenue Gains Amid Structural Transformation","author":"Staff Correspondent","date":"February 13, 2026","format":false,"excerpt":"Footwear major reports 2.9% revenue growth for the quarter ended December 31, 2025, driven by franchise expansion and digital channel performance, despite regulatory impacts from newly notified national labour codes. Bata India Limited (NSE: BATAINDIA) reported revenue from operations of 9,446.81 million INR for the quarter ended December 31, 2025,\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":154659,"url":"https:\/\/alphastreet.com\/india\/bata-india-retail-strategy-digital-business-update\/","url_meta":{"origin":142660,"position":4},"title":"Bata India: Retail Strategy &#038; Digital Business Update","author":"Hardik Bhandare","date":"September 18, 2023","format":false,"excerpt":"\u201cOur technology investments continue and in fact the largest one will go live in this month, is on track and the next year we will go live in quarter one of next year, sorry quarter four of this year. We will also be extending our sneaker studios, they have now\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-7.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-7.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-7.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-7.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-7.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/b4654e61-a1d5-4b7f-8d9b-2f1140b01114-7.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":133624,"url":"https:\/\/alphastreet.com\/india\/bata-india-limited-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":142660,"position":5},"title":"Bata India Limited Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"August 31, 2022","format":false,"excerpt":"https:\/\/youtu.be\/YfNEnnUGR3Y Key highlights from Bata India Limited (BATAINDIA) Q1 FY23 Earnings Concall Q&A Highlights: Umang Mehta of Kotak Securities asked about the contribution from sneakers, including Power in 1Q23 and progress of it from pre-COVID. Gunjan Shah MD replied that sneakers contribute roughly about 19% to the turnover, which is\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142660"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142660\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}