Gold Silver Reports (GSR) – Bata India Jumps On Reporting Strong Q4 Earnings – Shares of the Gurugram-based shoe maker rose as much as 4.3 percent, the most in over a month, to Rs 782.20 after its profit and revenue surpassed Bloomberg consensus estimates in March quarter.
Key earnings highlights:
📍 Revenue up 7 percent at Rs 632 crore versus estimate of Rs 626 crore
📍 Net profit up 44 percent at Rs 52 crore versus estimate of Rs 49 crore
📍 Ebitda up 43 percent at Rs 82 crore
📍 Margin at 13 percent
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