Bata India Ltd. - Quarterly/Annual Result Disclosures and Notes dated 30 Jun 2025
Auditor and Management Disclosures and Notes for the quarterly results dated 30 Jun 2025
1. The Statement of Standalone Unaudited Financial Results for the quarter ended 30th June 2025 (hereinafter referred to as "standalone financial results") were reviewed by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on 11th August 2025. These standalone financial results have been prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and other accounting principles generally accepted in India and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended.
2. The Company operates in a single business segment, i.e., Footwear and Accessories.
3. During the year ended 31st March 2025, a scheme for voluntary retirement was introduced by the Company at one manufacturing unit and Rs.107.84 million was incurred for the same and was disclosed as an exceptional item. Further, during the quarter ended 30th June 2025, an additional expenditure of Rs. 47.78 million was incurred and is disclosed as an exceptional item.
4. The figures for the quarter ended 31st March 2025 are balancing figures between audited figures in respect of the full financial year and the published year to date figures upto 31st December 2024. Also, the figures upto the end of third quarter of the financial year were only reviewed and not subjected to audit.
5. During the quarter ended 30th June 2024 and year ended 31st March 2025, the Board of Directors of the Company approved the sale of the freehold industrial land to an unrelated party for a consideration of Rs. 1,560.00 million. The sale deed has been executed and the total consideration also received on the same date. There is a gain on sale of aforesaid land (net of related expenses) of Rs. 1,339.52 million which has been disclosed as an exceptional item.
6. Figures of previous periods have been regrouped/ reclassified wherever necessary to conform to the current period classification.
7. The report of statutory auditors is being filed with National Stock Exchange of India Limited, BSE Limited and The Calcutta Stock Exchange Limited. For more details on the financial results, please visit Investor Relations section of our website: www.bata.in and unaudited financial results at Corporate section of www.nseindia.com, www.bseindia.com and www.cse-india.com.