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Q4FY22 Quarterly Result Announced for Bata India Ltd.

Footwear company Bata India declares Q4FY22 result: Continued investments in 3 large Marketing campaigns to inspire youth. Bollywood actress Disha Patani to run new casual collection campaign for women. Bata continued with its retail expansion drive in tier 3-5 cities through franchise route, taking the overall tally to 300+ as on date. Large number of new sneaker studios have been launched across the country to display up to three hundred styles across 9 brands. Unlimited sneaker campaign to drive new portfolio leading increase in sneaker & casuals style contribution in overall sales mix. Sales through digitally enabled services continued its growth trajectory which was more than double of pre-covid levels. The Company continued to expand Distribution Business in MBOs adding 42 towns. Won Loyalty Program award called “Champions of Champions” in The Customer Fest 2022 Gunjan Shah, MD and CEO - Bata India Limited, stated: “In the last two quarters, we witnessed significant recovery in demand in the backdrop of improvement in consumer sentiments and deeper understanding of the pandemic, availability of vaccines and faster easing of restrictions. We kept expanding our reach through new franchise stores & multi-brand outlets. We opened 22 new Franchise stores taking the total number 300+, expanded availability via Distribution channel that continued to scale up to 1000+ towns. We have enhanced our portfolio in casual & fashion footwear section across categories. Sneakers led the growth recovery in the quarter while formal & fashion also recovered significantly. We continued upshift in marketing investments with campaigns like Unlimited Sneaker, Neo casuals for Neo Leaders and It’s Got to be Bata, 24x7 Casual Collection which strengthened our consumer connect for our brand. Simultaneously, we continued our strong focus on cost-savings measures across our network, controlling discretionary spends, enhancing productivity and premiumisation in the face of volatile inflation. These measures have laid the foundation that will help us capture the emerging consumer demand efficiently. With scaling of above expansion/efficiency levers & rebound in consumer sentiments, we expect the momentum to continue towards pre-pandemic growth rate in the current quarter also as seen in quarter till date at 11% ahead of pre-covid levels, gross margins sustaining at 58% levels. Innovation via agile product creation, scaling up digital channels, expansion in Tier 3-5 towns, and productivity enhancement will continue to be a priority along with investments in our brands & stores” Result PDF
26-05-2022

Bata India board recommends 1090% dividend. Top 5 things you should know

Bata India dividend payment: After approval at 89th AGM, 54.40 dividend will be paid from 23rd August 2022 onwards
26-05-2022
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BATA INDIA LTD. - 500043 - Book Closure Details

Book Closure details
25-05-2022
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