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Bata India shares hit record high as Q1 revenue rises 2-fold
short by Maanya Sachdeva / on Thursday, 12 August, 2021
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.
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