Footwear company Bata India saw a significant 95.2% decrease in its consolidated net profit for the fourth quarter of fiscal 2026. This decline was mainly due to a one-time loss, even though the company experienced a rise in revenue. The net profit for the quarter ending March 31, 2026, was Rs 2.2 crore, down from Rs 45.9 crore in the same period the previous year.
Revenue from operations during the January-March quarter increased by 5% year-on-year to Rs 828 crore. This marked a growth from Rs 788 crore recorded in the corresponding period of the previous year. Despite the revenue growth, Bata India faced pressure on its profitability during this period.
The company’s Earnings before interest and taxes (EBIT) dropped by 15.3% to Rs 151 crore from Rs 178 crore in the previous year. Consequently, the operating margin of the company shrank to 18.2% from 22.6% in the year-ago quarter.
Even with the significant decline in quarterly profit, Bata India declared a final dividend of Rs 9 per equity share for fiscal 2026. This dividend proposal amounts to a distribution of nearly Rs 115.67 crore to the shareholders. The final dividend is subject to approval at the upcoming Annual General Meeting (AGM) and is set to commence payment from August 27, with the record date for shareholder eligibility fixed as July 31.
Bata India has a history of rewarding its shareholders with regular dividend payouts. In August 2025, the company paid a final dividend of Rs 9 per share, followed by Rs 10 per share in August 2024 and Rs 12 per share in July 2024. Additionally, in August 2023, a dividend of Rs 13.50 per share was declared.
