Bata Shoe profit jumps 100%, revenue grows 28% in Jan-Mar | The Business Standard
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MONDAY, JULY 21, 2025
Bata Shoe profit jumps 100%, revenue grows 28% in Jan-Mar

Stocks

TBS Report
14 May, 2025, 07:35 pm
Last modified: 15 May, 2025, 01:09 pm

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Bata Shoe profit jumps 100%, revenue grows 28% in Jan-Mar

According to its statement published on its website, the company posted a profit of Tk36.83 crore and earnings per share of Tk26.92

TBS Report
14 May, 2025, 07:35 pm
Last modified: 15 May, 2025, 01:09 pm
Bata Shoe profit jumps 100%, revenue grows 28% in Jan-Mar

Highlights

  • Profit jumps 100% to Tk36.83cr
  • Revenue grows 28% to Tk358.18cr
  • EPS Tk26.92
  • Share closes at Tk739.60

Bata Shoe Company (Bangladesh) Ltd reported a 100% year-on-year increase in profit and a 28% rise in revenue for the January-March quarter of 2025, compared to the same period in 2024.

According to the company's unaudited financials published on its website, Bata posted a profit of Tk36.83 crore for the quarter, with earnings per share (EPS) of Tk26.92. Revenue during the period rose to Tk358.18 crore.

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The multinational shoemaker attributed the growth to improved consumer sentiment and festive season demand. In line with the revenue increase, the cost of sales rose by 26% and operating expenses by 12%, which the company said contributed to the robust profit growth.

On Wednesday (14 May), Bata shares closed 0.31% higher at Tk739.60 on the Dhaka Stock Exchange.

Earlier on 22 April, the company announced a 105% final cash dividend for 2024, bringing the total payout to 445% for the year, including a 340% interim dividend already disbursed.

Bata's annual general meeting (AGM) is scheduled for 26 June, with 26 May set as the record date for shareholder entitlement.

Despite the strong first-quarter performance in 2025, the company's full-year profit in 2024 fell 26% year-on-year to Tk29.58 crore, down from Tk40 crore the previous year, according to a price-sensitive statement.

Bata began its operations in Bangladesh in 1962 and currently runs two manufacturing plants in Tongi and Dhamrai with a combined daily production capacity of 1.6 lakh pairs of shoes. Its annual sales stand at around three crore pairs.

Bata Bangladesh is a subsidiary of Bafin (Nederland) BV, Netherlands, which owns 70% of the company's shares and is part of the global Bata Shoe Organisation.

Bangladesh

Bata Shoe Company / Bangladesh / profit

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