Mumbai, Aug. 12 -- Profit before tax (PBT) stood at Rs 70.06 crore in Q1 FY26, reflecting a 67.73% decline year-on-year.

Total expenses rose 0.67% year on year to Rs 883.99 crore in Q1 FY26. The cost of service rendered stood at Rs 62.98 crore (up 10.43% YoY), employee benefit expense was at Rs 116.27 crore (down 3.57% YoY) and finance cost stood at Rs 34.86 crore (up 13.14% YoY) during the period under review.

This quarter's results reflect disciplined execution of its strategies focused on affordability, increased investment in marketing and technology, and enhancing the customer experience despite sluggish consumption momentum.

Gunjan Shah, MD and CEO - Bata India, stated: "The quarter witnessed headwinds accentuated by fluctuating ...