Bata India reports modest rise in Q1 net profit

Bata India has reported results for the first quarter ended March 31, 2014 The company has posted a rise of 2.44% in its net profit at Rs 39.40 crore for the quarter ended March 31, 2013 as compared to Rs 38.46 crore for the same quarter in the previous year. Total income of the company has increased by 9.10% at Rs 502.77 crore for quarter under review as compared to Rs 460.81 crore for the quarter ended March 31, 2013. Bata India is the largest retailer and leading manufacturer of footwear in India and is a part of the Bata Shoe Organization. The company manufactures footwear for men, women and children. The company manufactures shoes of various quality such as leather, rubber, canvas and PVC shoes.