Bata India Q2 FY27: Profit +30%, Revenue +7.5% YoY

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Q2 FY27 results are out. Profit is up about 30% YoY, but the margin line tells a more nuanced story. Here's what this analysis covers: ✅ Revenue from operations: ₹861.8 Cr vs ₹801.3 Cr (+7.5% YoY) ✅ Consolidated net profit: ₹18.1 Cr vs ₹13.9 Cr (+30% YoY) ✅ EBITDA about ₹144 Cr, roughly flat; EBITDA margin 16.7% vs 18.1% a year ago ✅ One-offs: ₹3 Cr non-cash forex loss and ₹3.9 Cr asset write-off; lower other income after the special dividend payout ✅ Operations: inventory freshness at 92%, net stock 7% lower YoY, Zero Base Merchandising now in 850 stores ✅ Management says festive demand shifted into Q3, so the next quarter is the real test Key learning: a big profit jump on a small base can hide margin pressure. Always read EBITDA margin, one-offs and other income together before forming a view. ❓ In a consumer stock like this, what matters more to you: revenue growth or margin recovery? Share in the comments. 📲 For daily market notes, search "Neha Gupta SEBI RA" on Telegram and join the FREE channel. Neha Gupta | SEBI Registered Research Analyst | Reg. No. INH000016542 ⚠️ Disclaimer: This content is for educational purposes only and is not investment advice or a buy/sell recommendation. Investments in the securities market are subject to market risks. Read all related documents carefully before investing.