Bata India's Q2 performance dipped due to GST 2.0 transition, warehouse disruption, and one-time VRS expense, but recovery signs emerge.

• Revenue was impacted by deferred purchases, GST changes, and the July warehouse disruption, which affected supply chain operations temporarily across major channels.
• EBIDTA declined 13.24% to Rs 166.4 crore amid higher marketing costs and markdowns ahead of the festive season clearance.
• CEO Gunjan Shah remains optimistic, citing post-September festive recovery, cost efficiencies, and robust nationwide retail network strength.