Bata India FY 10 profit up 42.6%


Mumbai: Leading footwear-maker and retailer, Bata India, has witnessed a 42.6 percent jump in its profit before tax at Rs. 142.9 crore for financial year ending on December 31.

The company’s profit before tax (PBT) in the previous fiscal stood at Rs. 100-crore. Bata’s net turnover for the full year stood at Rs. 1,265.85-crore as against Rs. 1090.17-crore in the year-ago period.

Meanwhile, overall sales in the last quarter ending December 31 grew by 23.5 percent at Rs. 356-crore as against Rs. 288-crore in the year-ago period. “The year 2010 has been an incredible year for Bata India.