Footwear major Bata India on Monday reported a 73.72 per cent year-on-year decline in its standalone net profit to ₹13.76 crore for the second quarter this fiscal, as its revenue fell during the period.
The company’s net profit for the second quarter last fiscal stood at ₹52.36 crore.
According to a stock exchange filing, the footwear maker’s revenue from operations in Q2FY26 declined to ₹801.33 crore from ₹837.14 crore during the corresponding period of FY25.
The company, in a statement, said revenue fell due to deferment of purchases by channel partners and customers since the announcement of GST rate rationalization. Further, disruption in one of the largest warehouses in July 2025 also had temporary business impact. However, the quarter ended on a positive note, with signs of recove

Businessline

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