Bata India Share Price Today: On Thursday, Bata India opened on the BSE at ₹ 1,540, swinging to an intra day high of ₹ 1,657.50 and an intra day low of ₹ 1,540, so far.
Share price of Bata India gained more than four per cent on Thursday, June 10, a day after the company announced its January-March quarter results for the financial year 2020-21. On Thursday, Bata India opened on the BSE at ₹ 1,540, swinging to an intra day high of ₹ 1,657.50 and an intra day low of ₹ 1,540, in the trading session so far. According to a regulatory filing by the company to the stock exchanges, Bata India reported a net profit of ₹ 29.47 crore on a consolidated basis in the March quarter of fiscal 2020-21.
The country’s largest shoemaker’s net profit declined 23.3 per cent in the March quarter of fiscal 2021. It reported a net profit of ₹ 38.40 crore in the corresponding quarter of the previous fiscal year. The company’s revenue from operations was down to ₹ 589.90 crore in the fourth quarter, compared to ₹ 620.57 crore in the same quarter of the previous fiscal.
According to the statement, Bata India’s board recommended a dividend of 80 per cent – ₹ 4 per equity share of ₹ 5 each fully paid up for the financial year 202-21. For the entire financial year, Bata India reported a net loss of ₹ 89.31 crore, compared to a net profit of ₹ 32.89 crore in the year-ago period.