Bata India announced Q4 results; Records profits of INR 403 mn.

 

Mumbai, 9th June 2021: Footwear major Bata India Limited today announced results for the fourth quarter ended 31 March, FY 2021. Continuing with the positive trajectory of the previous quarter, the company registered profit of INR 403 Mn, with revenue from operations standing at INR 5,899 Mn. While the third quarter ended on a comparatively stronger note because of festive sales, the Q4 results indicated steady and consistent growth in line with quarter’s seasonality.

Bata India further strengthened its ecommerce and omni-channel facilities to cover more pin codes across India. Bata also continued expanding retail network in tier 3-5 towns via franchisee route by opening 10 new franchisee stores and appointing new distributors to serve multi-brand stores.