Bata India Ltd, European footwear giant and India’s most trusted Indian footwear brand reported lackluster September Quarter 2024 results amid muted demand and high inflation. Revenues stood at Rs 8371 million in Q2FY25 compared to Rs 8,191 million same period previous year, a rise of 2% YoY. Earnings before interest, tax, depreciation and amortization (EBITDA) margin was reported at 22.95% in Q2FY25 compared to 24.10% in the same period previous year.
