Bata India reported its audited financial results for the year ended March 31, 2026, recording a 59.3% decline in net profit to ₹1,335.59 million compared to the previous year. The decline was primarily driven by exceptional items, including voluntary retirement scheme (VRS) costs and a foreign exchange loss, which weighed on profitability despite a marginal increase in revenue from operations.

Financial Performance

Revenue from operations for FY26 rose to ₹35,154.84 million from ₹34,880.26 million in FY25, representing a 0.8% growth. Total income increased to ₹35,940.40 million from ₹35,550.26 million. However, profitability was significantly impacted by exceptional expenses. The company incurred a VRS expense of ₹423.66 million during the year and a foreign exchange loss of ₹223.74 million arising from the translation of liabilities related to license rights. Consequently, net profit for the year stood at ₹1,335.59 million, down from ₹3,284.49 million in the prior year.

Quarterly Results and Operational Highlights

For the quarter ended March 31, 2026 (Q4FY26), revenue from operations increased to ₹8,276.26 million from ₹7,877.70 million in the corresponding quarter of the previous year. The company reported a net profit of ₹20.69 million for the quarter, a sharp decrease from ₹435.51 million in Q4FY25, largely due to a VRS expense of ₹280.60 million booked during the quarter.

Operational efficiency measures enabled the company to reduce gross inventory by 13.2% to ₹7,076.20 million as of March 31, 2026, from ₹8,150.57 million a year earlier. Cash generated from operations for the year stood at ₹6,760.35 million.

Dividend and Corporate Actions

The Board of Directors has recommended a final dividend of ₹9 per share (180%) for the financial year ended March 31, 2026, subject to shareholder approval. The total dividend outlay amounts to ₹1,156.75 million. The Record Date for the purpose of dividend payment has been fixed as Friday, July 31, 2026. The Annual General Meeting is scheduled to be held on Wednesday, August 12, 2026, via Video Conferencing or Other Audio Visual Means.

The statutory auditors, M/s. Price Waterhouse Chartered Accountants LLP, have issued an audit report with an unmodified opinion on the standalone and consolidated financial results.

Bata India will hold a post earnings conference call on June 3, 2026, to discuss its financial performance for the fourth quarter of FY26. The call is scheduled to begin at 4:30 P.M. IST and will provide insights into the company's operational results and strategic outlook. This initiative allows investors and analysts to engage directly with the company's leadership regarding the quarterly performance.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company intimated the exchanges regarding the schedule of this Post Earnings Call. The presentation for the call will be submitted prior to the commencement of the proceedings.

The discussion will be led by key management representatives, including Mr. Gunjan Shah, Managing Director & Chief Executive Officer, and Mr. Amit Aggarwal, Director (Finance) & Chief Financial Officer. Mr. Nitin Bagaria, AVP & Company Secretary, will also be present.

Conference Call Details

Management Speakers

Participants can join the conference call using the provided dial-in numbers or the Diamond Pass registration link. Universal access numbers are available for domestic participants, while international toll-free numbers have been arranged for attendees from various countries including the USA, UK, Australia, and Japan. Following the call, investors and analysts will have the opportunity to interact with company officials at a later date to follow up on the discussions.