Bata India Q4 profit collapses 95% to ₹2.2 cr as VRS, forex hit ₹50 cr
Bata India's Q4FY26 net profit crashed 95.2% YoY to ₹2.2 cr, dragged by a ₹28 cr VRS charge at its Hosur plant and a ₹22.4 cr forex loss. Revenue rose 4.9% to ₹827.6 cr, with premium brands Hush Puppies and Power outpacing the core. Inventory fell 13%, ad spends went 1.5x, and the board declared a ₹9/share dividend even as the stock has shed 45% YoY.
What happened
Bata India Q4FY26 net profit crashed 95% to ₹2.2 cr on ₹28 cr VRS charge at Hosur plant and ₹22.4 cr forex loss. Revenue grew 4.9% to ₹827.6 cr, premium brands
Key facts
- net profit ₹2.2 cr (-95.2% YoY)
- revenue ₹827.6 cr (+4.9%)
- VRS cost ₹28 cr
- forex loss ₹22.4 cr
- inventory -13%
- ad spends 1.5x
- dividend ₹9/share
- stock -45% YoY
Why this matters
The Hosur VRS restructuring and 1.5x ad spend lift suggest Bata is reshaping its cost base and brand mix toward premium — watch for plant rationalization, licensing extensions, or partnership moves as the next leg of the turnaround.
Also reported by
- Mint — Same time