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Footwear giant Bata India reported a 36% decline in its consolidated net profit to ₹37 crore for the fourth quarter ended March 31, 2025, as the company continued to grapple with sluggish consumer demand.
The profit figure compares with ₹58 crore in the corresponding quarter of the previous fiscal year. Revenue from operations in the January–March period stood at ₹788 crore, slightly lower than ₹798 crore reported in Q4 FY24, the company said in a regulatory filing on Wednesday.
Despite the decline in earnings, Bata India Managing Director and CEO Gunjan Shah said the company managed to grow volumes, aligning with its strategy of driving volume-led growth. "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," Shah stated.
He added that the company continues to focus on affordability and reducing complexity across product categories to strengthen its market position.
The company’s board has recommended a final dividend of ₹9 per share for FY25, in addition to the ₹10 interim dividend paid in September 2024. The total dividend outgo for the fiscal year stands at ₹244 crore.
(Source: PTI)
