BATAINDIA2019-04-012019-06-30in-bse-fin:OneOperatingExpenses01Member BATAINDIA2019-04-012019-06-30in-bse-fin:OneOperatingExpenses02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares BATAINDIA 2019-04-01 2020-03-31 2019-07-22 INR Millions First quarter Single segment Footwear & Accessories 2019-04-01 2019-06-30 Unaudited Consolidated 8827550000.00 168680000.00 8996230000.00 377550000.00 2823070000.00 796960000.00 980390000.00 313510000.00 730140000.00 1416530000.00 7438150000.00 1558080000.00 0.00 1558080000.00 566760000.00 -18410000.00 548350000.00 0.00 1009730000.00 0.00 0.00 0.00 0.00 1009730000.00 -1070000.00 1008660000.00 0.00 0.00 0.00 0.00 642640000.00 5 7.86 7.86 0.00 0.00 7.86 7.86 1. The Consolidated financial results include results of Bata India Ltd. (the Holding Company), Bata Properties Limited, Coastal Commercial & Exim Limited and Way Finders Brands Limited. t n2. The Consolidated financial results of the Group are prepared in accordance with the requirements of Ind AS 110 Consolidated Financial Statements .tttttt n3. Revenue from operations for the Year ended 30th June 2019 of Rs. 8,827.55 million has increased by 11% over the corresponding period last year.tttttt n4. Profit before tax for the Year ended 30th June 2019 of Rs. 1,558.08 million, has increased by 22% over the corresponding period last year.ttttt n5. The above results were reviewed by the Audit Committee and approved by the Board of Directors at the Board Meeting held on 2nd August 2019.ttttttt n6. The Group's business activity falls within a single business segment i.e. Footwear and accessories. n7. Effective 1st April, 2019, the Group adopted Ind AS 116 Leases , applied to all lease contracts existing on 1st April, 2019 using the modified retrospective method and has taken the cumulative adjustment to retained earnings, on the date of initial application. Accordingly, Group is not required to restate the comparative information for the year and quarter ended 31st March, 2019 and quarter ended 30th June, 2018. nOn 1st April, 2019 the Group has recognised a lease liability measured at the present value of the remaining lease payments and Right-of-Use (ROU ) asset at its carrying amount as if the standard had been applied since the lease commencement date, but discounted using the lessee's incremental borrowing rate as at 1st April, 2019. tttt nConsequently, in the statement of profit and loss for the current quarter, the nature of expenses in respect of operating leases has changed from “Rent” in previous period to “Depreciation and amortisation expense” for the right of use assets and “Finance cost” for interest accrued on lease liability. As a result the “Rent”, “Depreciation and amortisation expense” and “Finance cost” of the current period is not comparable to the earlier periods. To the extent the performance of the current period is not comparable with previous period results, the reconciliation of above effect on statement of profit and loss for the quarter ended 30th June, 2019 is as under:t nImpact of Ind-AS 116 - Leases to current period statementttQuarter ended 30th June 2019 comparable basistInd-AS 116 impacttQuarter ended 30th June 2019 as reported nRenttt 954.16 t(846.69)t 107.47 nDepreciation and amortization expensestt158.56 t571.58 t 730.14 nFinance coststt8.04 t305.47 t 313.51 nProfit before taxtt1588.44 t(30.36)t1558.08 nLess : Tax expensestt(558.96)t10.61 t(548.35) nProfit after taxtt1029.48 t(19.75)t1009.73 n n8. The consolidated financial results for the quarter ended 30th June 2018 and 31st March 2019 were not subjected to limited review by the statutory auditors of the Holding Company.tt n9. The report of Statutory Auditors is being filed with National Stock Exchange of India Limited, BSE Limited and The Calcutta Stock Exchange Limited. For more details on audited results, please visit Investor Relations section of our website www.bata.in and Financial Results at Corporate section of www.nseindia.com, www.bseindia.com and www.cse-india.com.ttttttttttttttt n Other Expenses 1309060000.00 Rent 107470000.00