Bata India, the nation’s leading footwear manufacturer and retailer, reported an increase in its net profit by 22.5% to Rs100.97cr in the quarter ended June 2019 as against Rs82.41cr during the previous quarter ended June 2018.
The company’s sales also rose 10.62% to Rs882.76cr in the quarter ended June 2019 as against Rs798cr during the previous quarter ended June 2018.
The growth is attributed to the successful execution of “Sweeping Angela Off Her Feet” strategy. This involves innovative campaigns which have helped to sustain profitable growth across categories and mindful up-gradation of stores to provide a world-class shopping experience to our loyal customers while keeping costs under control. Retail channel continued to grow at a steady pace and supported by double-digit growth in E-Commerce & Non-retail channel as well.