Mumbai, Nov. 4 -- Revenue from operations declined 11.97% YoY to Rs 861.78 crore in Q2 FY27.

However, on a YoY basis, the company's consolidated net profit increased 30.78%, while revenue from operations rose 7.54% during the quarter.

The company reported certain one-off expenses during the quarter, including a non-cash foreign exchange loss of Rs 3 crore on license fees due to continued currency depreciation and a one-time asset write-off of Rs 3.9 crore. Other income declined by Rs 4.6 crore, primarily due to the distribution of surplus funds amounting to Rs 321.3 crore as a special dividend during the quarter.

Sanjay S. Rao, managing director and CEO, Bata India, said, "On a quarterly basis, the growth momentum continued for the fou...