Bata Q4 net increases 3.61% to Rs 52.75 crore

NEW DELHI: Footwear retailer Bata India today reported 3.61 per cent increase in net profit at Rs 52.75 crore for the fourth quarter ended December 31.

The company, which follows a January-December fiscal, had reported net profit of Rs 50.91 crore in the October-December quarter of last year, Bata India said in a BSE filing.

Bata India net sales increased to Rs 554.06 crore for the quarter under review as against Rs 508.58 crore in the corresponding period a year ago.

For the fiscal year ended in December 2013, the company's net profit stood at Rs 190.74 crore as against Rs 171.60 crore in the previous fiscal.

Net sales during FY13 stood at Rs 2,063.98 crore as against Rs 1,841.24 crore in the previous fiscal, the company said.

Shares of Bata India today closed at Rs 1,000.05 per scrip on the BSE, down 0.32 per cent from previous close.