BATAINDIA2019-10-012019-12-31in-bse-fin:OneOperatingExpenses01Member BATAINDIA2019-10-012019-12-31in-bse-fin:OneOperatingExpenses02Member BATAINDIA2019-10-012019-12-31in-bse-fin:FourOperatingExpenses01Member BATAINDIA2019-10-012019-12-31in-bse-fin:FourOperatingExpenses02Member BATAINDIA2019-10-012019-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member BATAINDIA2019-10-012019-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member BATAINDIA2019-10-012019-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member BATAINDIA2019-10-012019-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares BATAINDIA 2019-04-01 2020-03-31 2020-01-21 INR Millions Third quarter Single segment Footwear & Accessories 2019-10-01 2019-12-31 Unaudited Standalone 8296440000.00 170610000.00 8467050000.00 493310000.00 1735150000.00 1035630000.00 974660000.00 285000000.00 764510000.00 1431780000.00 6720040000.00 1747010000.00 0.00 1747010000.00 414180000.00 160800000.00 574980000.00 0.00 1172030000.00 0.00 0.00 0.00 0.00 1172030000.00 -7450000.00 1164580000.00 0.00 0.00 642640000.00 5 9.12 9.12 0.00 0.00 9.12 9.12 1. The above standalone results were reviewed by the Audit Committee and approved by the Board of Directors at the Board Meeting held on 6th February 2020. n2. Revenue from operations for the quarter ended 31st December 2019 of Rs. 8296.44 million has increased by 7% over the corresponding period last year. n3. Profit before tax for the quarter ended 31st December 2019 of Rs. 1747.01 million has increased by 10% over the corresponding period last year. n4. The Company operates in a single business segment, i.e., Footwear and Accessories. n5. Effective 1st April, 2019, the Company 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, Company is not required to restate the comparative information. nOn 1st April, 2019 the Company 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. nConsequently, in the statement of profit and loss for the current quarter and nine months ended 31st December 2019, 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 periods are not comparable to the earlier periods. To the extent the performance of the current periods are not comparable with previous period results, the reconciliation of above effect on statement of profit and loss for the quarter and nine months ended 31st December, 2019 is as under: Single segment 2019-04-01 2019-12-31 Unaudited Standalone 24337480000.00 517360000.00 24854840000.00 1602010000.00 7861130000.00 943660000.00 2845190000.00 906210000.00 2243290000.00 4176320000.00 20577810000.00 4277030000.00 0.00 4277030000.00 1077240000.00 306710000.00 1383950000.00 0.00 2893080000.00 0.00 0.00 0.00 0.00 2893080000.00 -21570000.00 2871510000.00 0.00 0.00 642640000.00 5 22.51 22.51 0.00 0.00 22.51 22.51 Other expenses 1301510000.00 Rent 130270000.00 Other expenses 3841200000.00 Rent 335120000.00 Impact of Ind-AS 116 - Quarter ended Ind-AS 116 Quarter ended Nine months Ind-AS 116ttNine months nLeases to current 31st December impact 31st December ended 31st impact tEnded 31st nperiod 2019 comparable 2019 as December December nStatement basis reported 2019 t 2019 as n comparable reported n basis nRentttt982.11tt(851.84)t130.27tt2895.71t(2,560.59)t335.12 t nOther Expensestt1,305.51 t(4.00)tt1,301.51t3859.07t(17.87)tt3841.20 nDepreciation and t159.83tt 604.68 t t764.51 tt493.91 t t1,749.38 t2243.29 namortization expensest nFinance coststt4.94tt280.06tt285.00tt21.46tt884.75tt906.21 t nProfit before tax t 1,775.91 t (28.90)t t1,747.01 t4332.70 t (55.67)tt4277.03 nLess : Tax expensest(582.25)t 7.27 tt (574.98)t(1397.96)t 14.01 tt(1383.95) nProfit after taxtt 1,193.66 t (21.63)t t1,172.03 t2934.74 t (41.66)tt2893.08ttttt n6. 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 unaudited 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.tttttttttt n7. In previous quarter, the Company has elected to exercise the option permitted under section 115BAA of the Income Tax Act,1961 as introduced by the Taxation Laws (Amendmend) Ordinance, 2019. Accordingly, the Company has recognised Provision for Income Tax for the quarter and nine months ended 31st December 2019 and re- measured its Deferred Tax Assets basis the rate prescribed in the said section. The impact of this change would be recognised over the period from 1 July 2019 to 31 March 2020.