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Bata Misses Q3 Profit Estimates
Mint Chennai
|February 11, 2025
Footwear maker Bata India posted a smaller-than-expected third-quarter profit on Monday, hurt by sluggish consumer demand amid high inflation.
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The company's quarterly consolidated profit grew 1.2% from a year ago to ₹58.7 crore ($6.71 million), but fell short of analysts' estimate of ₹73.7 crore, according to data compiled by LSEG (London S
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