Softness in revenue hurts PAT

Company
09 Aug 2024
5 Min read 
  • Bata India's financials and valuations 
  •  Revenue and EBITDA declined in 1QFY25 
  •  Softness in revenue hurt PAT 
  •  Company's focus on store expansion and product revamp 
  •  Management's focus on emerging trends like Sneakerization and Casualization 
  •  Neutral rating with a TP of INR1,400.
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