“Four months since December, we’ve now almost 700+ stores that are fulfilling online orders and therefore leveraging the same inventory,” Bata executives said.
Bata India reported a 95.2% year-on-year drop in consolidated net profit to ₹2.2 crore in Q4, hurt by a voluntary retirement scheme charge and a foreign exchange-related accounting loss. The company said raw material prices rose in the mid-single digits.
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