Bata India Ltd delivered robust third-quarter results with net profit rising 12.61% year-on-year to ₹66.1 crore, compared with ₹58.7 crore in the corresponding quarter last year. According to latest reports from Upstox, revenue for the quarter stood at ₹944.7 crore, up 2.81% year-on-year from ₹918.8 crore. The company demonstrated strong operational efficiency with EBITDA growing 6.6% year-on-year to ₹212 crore, marking a significant improvement from ₹199 crore in the year-ago period. EBITDA margin improved to 22.4% from 21.7% on a year-on-year basis, reflecting enhanced operational leverage and disciplined execution of strategic initiatives.
The company's premium product strategy showed significant results during the quarter, with premium products continuing to record robust growth led by brands such as Hush Puppies and Power. As reported by Upstox, Bata India also reported a steady quarter-on-quarter increase in fresh sales contribution and added 27 franchise stores during the quarter, expanding its retail footprint. The Zero Base Merchandising (ZBM) project was scaled to more than 400 stores, supporting improvements in consumer experience and revenue per square foot. All channels delivered growth during the quarter with solid gross margin management, demonstrating the effectiveness of the company's multi-channel strategy.
The company achieved notable inventory management improvements during the quarter. According to Upstox, gross inventory declined by about 11% during the quarter, demonstrating enhanced operational efficiency. Bata India reported that inventory efficiencies improved further in both quantity and quality, while the quarterly results included a one-time exceptional expenditure of ₹6.6 crore recognised under the new Labour Code. The company's initiatives in decluttering, inventory freshness & cost efficiencies helped drive operating margins leverage, supporting the strong EBITDA performance.
Shares of Bata India gained as much as 8.41% to an intraday high of ₹958.55 on the National Stock Exchange following the results announcement, as reported by Upstox. However, the stock has since declined and was trading at ₹854.50 as of 3:42 PM IST on February 13, 2026, down 3.40% from the previous closing price of ₹884.55. The scrip soared 8% in the past week and 1% over the month, with the stock touching a 52-week low of ₹838.95 on January 27, 2026, and reaching a year's high of ₹1,378.95 on February 12, 2025. Bata India has a total market capitalisation of ₹10,982 crore as of February 13, 2026. Commenting on the results, Gunjan Shah, MD and CEO, stated that "The improvement in demand, post roll out of GST 2.0, continued during the quarter along with a few green shoots, leading to strong EBITDA performance backed by sales and margin growth."
