Published 12:04 IST, February 7th 2024
Bata struggles with profitability despite store expansion
Despite a 130 basis points (bps) improvement in gross margins, higher operating expenses offset these gains.
![Bata store](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/WhatsApp-Image-2023-11-09-169949975384416_9.webp)
Bata store | Image:
Bata
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11:55 IST, February 7th 2024