Bata India, a leading footwear brand in India, has announced its financial results for the quarter ending March 31, 2026. The company reported a 5% growth in revenue over the fourth quarter of FY25, reaching ₹8,276 million. This marks the second consecutive quarter of accelerating topline growth, driven by volume increases and improved sales momentum, particularly in March.
The company’s focus on operational efficiency and disciplined cost management resulted in cash generation from operations amounting to ₹1,322 million for the quarter, an 18.2% increase over the previous year. Bata India‘s Managing Director and CEO, Gunjan Shah, highlighted the broad-based performance across channels and the company’s commitment to operational efficiency as key factors in achieving these results.
Bata India also continued to invest in demand generation and brand relevance, with advertising expenditures increasing by 1.5 times. The company maintained its focus on network penetration, premiumisation, and disciplined resource allocation to drive performance.
The quarter included certain one-time items, such as voluntary retirement scheme (VRS) costs of ₹281 million, which align with the company’s long-term strategy to enhance capability and efficiency across its supply chain. Additionally, a non-cash forex loss of ₹224 million was recorded due to currency devaluation impacting royalty-related financial liabilities.
The Board of Bata India has recommended a dividend of ₹9 per share, subject to shareholder approval, amounting to ₹1,156.75 million for the fiscal year 2025-26.
Other key highlights from the quarter include the extension of zero-based merchandising to approximately 550 stores, contributing to over 70% of store sales, a 13% reduction in gross inventory, and mid-twenties growth in the e-commerce business. The premium portfolio, led by Hush Puppies and Power, continued to outpace overall growth.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).