Bata Shoe Company (Bangladesh) Ltd reported that its first-quarter profit for 2025 had increased compared to the same period the year before. The footwear maker reported a 100 percent year-over-year increase in profits from January to March 2025, from Taka 18.41 crore in Q1 2024 to Taka 36.83 crore.
Additionally, the company’s earnings per share increased significantly, rising from Taka 13.42 in the first quarter of the previous year to Taka 26.92. Thanks to better economic conditions and increased sales over the Eid season, revenue increased by 28 per cent to Taka 358.18 crore.
Unaudited financial statements show that, in comparison to the same period last year, Bata’s cost of sales grew by 26 per cent and operating expenses increased by 12 per cent. Despite concomitant cost increases, the company reported that increased sales helped to drive revenue growth.
However, because of lower interest profits on short-term deposits and losses from foreign exchange fluctuations during the quarter, net finance expenses increased by 58 per cent year over year to Taka 5.28 crore.
In terms of cash flow, Bata’s net operating cash flow per share more than doubled, going from Taka 19.95 to Taka 48.06 in the previous year.
As of 30th April 2025, the company’s shareholding structure indicated that sponsors and directors held 70 per cent of shares, institutional investors owned 19.37 per cent, foreign investors 1.30 per cent, and the general public 9.33 per cent, according to data from the Dhaka Stock Exchange.
