Bata India Q4 Results: Net profit rises 4% to Rs 65.5 crore

Footwear maker Bata India (BATAINDIA) on Tuesday reported a 4.5 per cent increase in consolidated net profit to Rs 65.5 crore for the quarter ended March 2023. Its revenue from operations came in at Rs 778.6 crore for the three-month period compared with the year-ago quarter, according to a regulatory filing.

Bata India's total income rose 15.7 per cent on a year-on-year basis to Rs 791.2 crore.

Bata India dividend

Bata India's board recommended a dividend of Rs 13.5 per share, subject to shareholders' approval at the company's annual general meeting (AGM) — a 270 per cent payout given the face favlue of Rs 5 per share. 

Bata India shares declined 0.3 per cent to end at Rs 1525.6 apiece on BSE ahead of the earnings announcement.

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