CAMPUS

** Indian footwear stocks jump as Finance Minister Nirmala Sitharaman announces new policy to support domestic leather industry, footwear sector

** Bata India BATA.NS and Metro Brands METB.NS rise 2.2% and 1.8% respectively; Liberty Shoes LIBS.NS jump 6.5%

** Relaxo Footwear RLXO.NS climbs 6%, Khadim India KHAD.NS and Campus Activewear CAMU.NS advance 2.5% and 5.2% respectively

** Sitharaman says policy measures expected to generate employment for 2.2 mln people, achieve revenue of 400 bln rupees

(Reporting by Hritam Mukherjee and Ashna Teresa Britto in Bengaluru)

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Nov 11 (Reuters) - Campus Activewear Ltd CAMU.NS:

• SEPT-QUARTER PAT 143 MILLION RUPEES

• SEPT-QUARTER REVENUE FROM OPERATIONS 3.33 BILLION RUPEES

• TO SET UP NEW PREMISES AT HARIDWAR, INCREASE CAPACITY IN GANNAUR PLANT

Source text: ID:nBSE3hR80g

Further company coverage: CAMU.NS

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Aug 12 (Reuters) - Campus Activewear Ltd CAMU.NS:

• CAMPUS ACTIVEWEAR JUNE-QUARTER PAT 253.8 MILLION RUPEES

• CAMPUS ACTIVEWEAR JUNE-QUARTER REVENUE FROM OPERATIONS 3.39 BILLION RUPEES

• CAMPUS ACTIVEWEAR- REAPPOINTS HARI KRISHAN AGARWAL AS CHAIRMAN, MD

• CAMPUS ACTIVEWEAR- REAPPOINTS NIKHIL AGGARWAL AS CEO

Source text for Eikon: [ID:]

Further company coverage: CAMU.NS

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May 28 (Reuters) - Campus Activewear Ltd CAMU.NS:

• CAMPUS ACTIVEWEAR LTD MARCH-QUARTER PAT 327.5 MILLION RUPEES VERSUS 229.4 MILLION RUPEES

• CAMPUS ACTIVEWEAR LTD MARCH-QUARTER REVENUE FROM OPERATIONS 3.64 BILLION RUPEES VERSUS 3.48 BILLION RUPEES

Source text for Eikon: ID:nNSE17xp2x

Further company coverage: CAMU.NS

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March 14 (Reuters) - International Conveyors Ltd ICON.NS:

• ACQUIRED EQUITY SHARES OF CAMPUS ACTIVEWEAR

• DEAL FOR 46.9 MILLION RUPEES

Source text for Eikon: ID:nBSE1vJYSl

Further company coverage: ICON.NS

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** Shares of Campus Activewear CAMU.NS extend gains for second session, adding as much as 5.5% to 265.85 rupees apiece

** The sports and athleisure footwear maker's shares jumped about 3% on Wednesday, on block deals

** Today's rise comes after exchange data shows purchase of 1.33% stake in the company by SBI Mutual Fund while QRG Investments offloads 1.33% stake, via block deals

** QRG Investments has now almost exited the company; QRG held 1.38% stake in the company at the end of December quarter, according to National Stock Exchange data

** CAMU's shares down about 9% in 2024 so far, including session's gains - NSE data

(Reporting by Bharath Rajeswaran in Bengaluru)

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Feb 9 (Reuters) - Campus Activewear Ltd CAMU.NS:

• DEC-QUARTER PAT 248.9 MILLION RUPEES VERSUS 483.1 MILLION RUPEES

• DEC-QUARTER REVENUE FROM OPERATIONS 4.72 BILLION RUPEES VERSUS 4.66 BILLION RUPEES

Source text for Eikon: ID:nNSE2zw2Vh

Further company coverage: CAMU.NS

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** Shares of Campus Activewear CAMU.NS fall as much as 9.9% to 237.8 rupees - its lowest level since listing in May 2022

** Stock logs biggest intraday pct loss since Nov. 11, 2022; on track for a second consecutive session of losses, if trend holds

** Co reported 22.4% decline in Sept-qtr revenue from operations

** Profit after tax fell to 3.2 mln rupees ($38,423.44) from 145.4 mln rupees a year ago

** More than 6.4 mln shares change hands by 11:25 a.m. IST, 7x the 30-day avg

** Stock currently down 4.5%, dragging YTD losses to 39%

($1 = 83.2825 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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BENGALURU, Nov 8 (Reuters) - Bata India BATA.NS reported a 38% fall in second-quarter profit on Wednesday, hurt by a one-time charge and as inflationary pressures kept footfalls at its shoe outlets in check.

The footwear maker said its consolidated profit fell to 339.9 million rupees ($4.1 million) in the July-September quarter, from 548.2 million rupees in the year-ago quarter.

The latest quarter's results included a 409 million rupees charge related to a voluntary retirement scheme at one of its manufacturing units.

Bata India's revenue slipped 1.3% during the quarter.

Indian businesses grappled with lower footfall in the quarter as higher inflation pushed consumers to tighten their belts, particularly on non-essential spending.

While India's retail inflation has eased of late, it still remains uncomfortably high.

However Relaxo Footwear RLXO.NS posted a 97.3% surge in profit earlier in November, backed by strong demand. Khadim India KHAD.NS and Campus Activewear CAMU.NS will announce their results later this month.

Shares in Bata, a unit of its Netherlands-based namesake parent, closed up 1.2% ahead of its results.

($1 = 83.2673 Indian rupees)

(Reporting by Ashna Teresa Britto and Indranil Sarkar in Bengaluru; Editing by Savio D'Souza)

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BENGALURU, Aug 9 (Reuters) - Footwear maker Bata India BATA.NS reported its first drop in profit in eight quarters on Wednesday, as soft demand dragged its revenue growth to a nine-quarter low.

The company's consolidated profit fell 10.5% to 1.07 billion Indian rupees ($12.92 million) in the April-June quarter, while revenue from operations increased just 1.6% to 9.58 billion rupees.

That was the slowest revenue growth since the March-quarter of 2021 as the company, which is better known for its formal shoes, grapples with a growing consumer preference for casual wear.

Bata has lagged its peers due to a slow pace of innovation and ebbing brand pull, while its lower-price products have grown at a slower pace, brokerage Ambit Capital had said in a note in May.

As a result, say analysts, it has struggled with high inventory, which forced it into an early end-of-season sale.

Compounding its problems, Bata's expenses increased 4.5% in the quarter, while inventory costs spiked to 3.83 billion rupees.

Relaxo Footwears RLXO.NS, which owns the Sparx sports shoe brand, had hiked prices to counter the increased costs, which helped it post an increase in profit last quarter.

Bata's peers Khadim India KHAD.NS and Campus Activewear CAMU.NS will announce their results later this month.

Shares of Bata, a unit of its Netherlands-based namesake parent, closed 3.2% lower ahead of the results.

That cut its gains for the year to 3.1%, which is still more than its peers. Relaxo's shares have inched up 1.6%, while Khadim has dipped 0.5% and Campus Activewear has slumped about 30%.

($1 = 82.8270 Indian rupees)

(Reporting by Biplob Kumar Das in Bengaluru; Editing by Savio D'Souza)

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** Shares of sports and athleisure foot wear co Campus Activewear CAMU.NS fall as much as 6.7% to 282.75 rupees, its lowest since market debut in May 2022

** About 4.7 mln shares changed hands via multiple block deals in price range of 289.35-295 rupees compared with previous close of 303 rupees, as per Refinitiv data

** About 8 mln shares are likely to be sold via block deals at a value of 2.40 bln rupees ($29.07 million), CNBC Awaaz reported on Tuesday

** CAMU did not immediately comment on block deals

** About 10.5 mln shares change hands, 17x 30-day avg of 615,843 shares

** CAMU shares are down 29% YTD

($1 = 82.5550 Indian rupees)

(Reporting by Nallur Sethuraman in Bengaluru)

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** Shares of Campus Activewear Ltd CAMU.NS fall as much as 8% to 305.15 rupees, lowest since June 20, 2022

** Co reported flat PAT in Q4 at 229.5 mln rupees; Motilal Oswal says PAT was a 48% miss compared to their expectations

** Says decline in EBITDA and margin contraction was due to 50% rise in selling, general, and administrative (SG&A) expenses

** Adds half of SG&A jump due to higher ad spends, while some increase can be attributed to doubling of stores and warehouse rent

** Stock closed 7.6% lower on Tuesday after posting Q4 results on Monday

** Stock on track to fall for third straight session, if losses hold

** More than 2.5 mln shares change hands as of 2:30 p.m. IST, over 4.5x the 30-day moving average

** Avg rating of analysts around equivalent of 'buy;' median PT is 385.00 rupees - Refinitiv data

** Including day's fall, stock extends YTD decline to 25.3%

(Reporting by Varun Vyas in Bengaluru)

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** Shares of Campus Activewear Ltd CAMU.NS open 6.4% lower on Tuesday at 336 rupees, their steepest pct drop since March 24

** Co reported 1.3% decline in Q4 revenue from operations; profit after tax remained flat YoY

** Co also appointed Sanjay Chhabra as chief financial officer

** About 536,000 shares change hands by 10:22 a.m. IST, roughly equal to the 30-day avg - Refinitiv Data

** Stock on track to fall for second consecutive session, if trends hold

** Four analysts rate stock 'buy' or higher, one 'strong sell;' median PT is 450 rupees- Refinitiv data

** Stock last down 4.8%, extending YTD losses to 17.3%

(Reporting by Priya Sagar in Bengaluru)

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