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Bata India reports 78% fall in Q3 consolidated net profit

11 Feb 2021 Evaluate

Bata India has reported results for third quarter ended December 31, 2020.

The company has reported a fall of 77.99% in its net profit at Rs 25.80 crore for the quarter under review as compared to net profit at Rs 117.20 crore for the same quarter in the previous year. Total income of the company decreased by 25.84% at Rs 627.95 crore for Q3FY21 as compared Rs 846.71 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 77.66% in its net profit at Rs 26.42 crore for the quarter under review as compared to net profit at Rs 118.27 crore for the same quarter in the previous year. Total income of the company decreased by 25.83% at Rs 628.84 crore for Q3FY21 as compared Rs 847.85 crore for the corresponding quarter previous year.

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