KHADIM

April 21 (Reuters) - Khadim India Ltd KHAD.NS:

• NCLT SANCTIONS SCHEME OF ARRANGEMENT BETWEEN KHADIM INDIA AND KSR FOOTWEAR

Source text: ID:nBSEbNXNt3

Further company coverage: KHAD.NS

(([email protected];;))

March 28 (Reuters) - Khadim India Ltd KHAD.NS:

• KHADIM INDIA LTD - NCLT KOLKATA SANCTIONS SCHEME OF ARRANGEMENT BETWEEN CO, KSR FOOTWEAR

Source text: ID:nBSE2SBD58

Further company coverage: KHAD.NS

(([email protected];))

March 25 (Reuters) - Khadim India Ltd KHAD.NS:

• KHADIM INDIA LTD - RITTICK ROY BURMAN APPOINTED AS MANAGING DIRECTOR FOR 3 YEARS

• KHADIM INDIA LTD - SIDDHARTHA ROY BURMAN APPOINTED AS EXECUTIVE CHAIRMAN FOR 3 YEARS

Source text: ID:nBSE6VRVJQ

Further company coverage: KHAD.NS

(([email protected];))

Feb 11 (Reuters) - Khadim India Ltd KHAD.NS:

• DEC-QUARTER CONSOL NET PROFIT 11.6 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.6 BILLION RUPEES

Source text: [ID:]

Further company coverage: KHAD.NS

(([email protected];;))

** 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)

(([email protected];))

** Shares of Khadim India KHAD.NS fall as much as 8.1% to 320 rupees, lowest since April 15

** The footwear maker said on Friday its Q4 consol net profit fell 76% Y/Y as demand dropped

** KHAD eyes fifth consecutive session of falls

** More than 61,750 shares change hands, 3x its 30-day avg

** Stock down 8% so far in May

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

April 15 (Reuters) - Khadim India Ltd KHAD.NS:

• CUSTOMS, EXCISE & SERVICE TAX APPELLATE TRIBUNAL HAS GIVEN RULING IN FAVOUR OF CO

• DEMAND OF 50 MILLION RUPEES ALONG WITH INTEREST AND PENALTY OF 50 MILLION RUPEES IS TIME BARRED AND SET ASIDE

Source text for Eikon: ID:nNSE7Yj3W0

Further company coverage: KHAD.NS

(([email protected];))

Feb 12 (Reuters) - Khadim India Ltd KHAD.NS:

• KHADIM INDIA DEC-QUARTER CONSOL NET PROFIT 18.2 MILLION RUPEES VERSUS PROFIT 48.2 MILLION RUPEES

• KHADIM INDIA DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.56 BILLION RUPEES VERSUS 1.49 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: KHAD.NS

(([email protected];;))

Nov 21 (Reuters) - Khadim India Ltd KHAD.NS:

• TO CONSIDER PREFERENTIAL ISSUE OF FULLY CONVERTIBLE SHARE WARRANTS ON PRIVATE PLACEMENT BASIS

Further company coverage: KHAD.NS

(([email protected];))

Sept 29 (Reuters) - Khadim India Ltd KHAD.NS:

• APPROVED SCHEME OF ARRANGEMENT BETWEEN KHADIM INDIA AND KSR FOOTWEAR

Source text for Eikon: ID:nBSE42Qbz8

Further company coverage: KHAD.NS

(([email protected];))

** Shares of Khadim India Ltd KHAD.NS rose as much as 8.9% to 289.95 rupees, on track to snap two days of losses

** The footwear maker on Friday will consider the scheme of arrangement in demerging its distribution business into unit KSR footwear

** KHAD had earlier said the new entity formed after demerger would be a listed company where shareholders of co would be allotted shares in proportion to their shares held in Khadim

** Around 120,000 shares traded by 1:55 p.m. IST, 0.6x their 30-day avg - LSEG data

** Stock last up ~4%, taking YTD gains at ~16%

(Reporting by Nishit Navin in Bengaluru)

(([email protected];))

** Shares of Khadim India KHAD.NS down as much as 7.06% to 222.5 rupees, their lowest since July 14

** Stock hits sharpest intraday pct loss since April 24

** Footwear maker on Thursday reported an over-50% fall in its June-quarter consolidated net profit

** Over 88,000 shares change hands as of 11:18 a.m. IST, 1.1x 30-day average

** Stock up 0.61% YTD as of last close

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

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)

(([email protected]; 9101861583;))

May 23 (Reuters) - Khadim India Ltd KHAD.NS:

• MARCH-QUARTER CONSOL NET PROFIT 42.9 MILLION RUPEES VERSUS 26.52 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.59 BILLION RUPEES VERSUS 1.56 BILLION RUPEES

• RE-APPOINTS SIDDHARTHA ROY BURMAN AS CHAIRMAN & MD

Source text for Eikon: [ID:]

Further company coverage: KHAD.NS

(([email protected];;))