Bata India shares hit record high as Q1 revenue rises 2-fold

Bata India's shares jumped 5.32% to hit a record-high of ₹1,754.8 during intraday trade on Thursday after the footwear retailer posted a 98% rise in revenue in the April-June quarter. Bata India's revenue in the reported quarter was ₹267 crore, as against ₹135 crore in the year-ago period. Meanwhile, the company's net loss narrowed to ₹69.5 crore from ₹100.9 crore.