Latest News | Bata India Q4 Profit Falls 36 Pc to Rs 37 Cr
Get latest articles and stories on Latest News at LatestLY. Footwear major Bata India on Wednesday said its operating profit declined 36 per cent to Rs 37 crore in the fourth quarter ended March 31, 2025.
New Delhi, May 28 (PTI) Footwear major Bata India on Wednesday said its operating profit declined 36 per cent to Rs 37 crore in the fourth quarter ended March 31, 2025.
The company reported an operating profit of Rs 58 crore for the January-March period of 2023-24 fiscal.
Revenue from operations in the quarter stood at Rs 788 crore as compared with Rs 798 crore in the year-ago period, Bata India said in a regulatory filing.
“Despite navigating through the demand headwinds persisting during the quarter, we managed to gain volumes and in line with our strategy of driving volume led growth," Bata India MD and CEO Gunjan Shah stated.
The company continues to drive affordability and reducing complexity across categories, he added.
The company said its board has recommended a final dividend of Rs 9 per share, in addition to the interim dividend of Rs 10 per share, already paid in September 2024.
Total dividend for 2024-25 accounted for an outgo of Rs 244 crore, it added.
Bata India shares on Wednesday ended 0.29 per cent down at Rs 1,275.60 apiece on BSE.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)