Bata India Q1 FY26 results (Apr–Jun 2025) and concall

Bata India reported a challenging Q1 FY26 with flat revenue and a contraction in gross and PAT margins, primarily due to macro demand stress and past inventory clearance. Despite top-line pressure, the company continued to execute strategic initiatives like Zero Base Merchandising in 200 stores and achieved significant inventory reductions. Growth in key portfolios like Floatz remained strong, and distribution expansion through franchise stores continued, with management expressing optimism for improved performance in the coming quarters as initiatives gain momentum.