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New Delhi, April 25

Footwear retailer and manufacturer Bata India has posted a marginal dip in its net profit at Rs 10.33 crore for the quarter ended March 31, 2009, against Rs 11.03 crore a year-ago. The company posted a 6.8 per cent growth in revenue at Rs 233.03 crore against Rs 218.19 crore in the corresponding period last year. “Our strategy of opening large format stores has been successful and we continue to invest in expanding our retail business. We have also focused upon provi ding our customers with a new trendy collection and better shoe designs. Our value pricing, coupled with improved customer service, has helped us to grow,” said Mr Marcelo Villagran, Managing Director, Bata India Ltd. Bata India opened 32 new retail stores and also renovated three existing stores in the first quarter of 2009.

— Our Bureau

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