BATAINDIA2020-04-012020-06-30in-bse-fin:OneOperatingExpenses01Member BATAINDIA2020-04-012020-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member BATAINDIA2020-04-012020-06-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares BATAINDIA 2020-04-01 2021-03-31 2020-07-30 INR Millions First quarter Single segment Footwear & Accessories 2020-04-01 2020-06-30 Unaudited Standalone 1347860000.00 520250000.00 1868110000.00 1740000.00 352080000.00 449470000.00 847620000.00 278370000.00 730690000.00 558140000.00 3218110000.00 -1350000000.00 0.00 -1350000000.00 0.00 -338740000.00 -338740000.00 0.00 -1011260000.00 0.00 0.00 0.00 0.00 -1011260000.00 -750000.00 -1012010000.00 0.00 0.00 642640000.00 5 -7.87 -7.87 0.00 0.00 -7.87 -7.87 Notes n1.The above standalone results were reviewed by the Audit Committee and approved by the Board of Directors at the Board Meeting held on 07th August 2020. n2. In view of the lockdown across the country due to the COVID19, the business operations were suspended since 24th March 2020 in compliance with the directives issued by the relevant authorities. However, during the later part of the current quarter, most of the Company's stores have resumed operations partially in piecemeal in accordance with Government guidelines and directives. Accordingly, Revenue from operations for the current quarter is Rs.1,347.86 million (decreased by 85% over corresponding period last year) and the Company has incurred a loss before tax of Rs.1,350 million as against profit before tax of Rs.1,555.42 million in the corresponding period last year. nFurther, the Company has made detailed assessment of the recoverability and carrying values of its assets comprising property, plant and equipment, inventories, receivables and other current assets as at the period end and on the basis of evaluation, has concluded that no material adjustments are required in the financial results. Given the uncertainties associated with nature, condition and duration of COVID19, the impact assessment on the Company's financial statements will be continuously made and provided for as required. n3.The Company operates in a single business segment, i.e., Footwear and Accessories. n4. The Company has elected to apply the practical expedient of not assessing the rent concessions as a lease modification, as per MCA notification dated 24th July 2020 on INDAS 116 for rent concessions which are granted due to COVID-19 pandemic. As per requirements of MCA notification, out of total rent concessions confirmed till 30th June 2020 of Rs. 501.38 million (including Rs.162.49 million unconditional rent concessions pertaining to subsequent quarters), Rs. 200.96 million has been accounted under rent expenses (to the extent available) and balance of Rs. 300.42 million is reported under Other Income for the quarter ended 30th June 2020. n5.The figures for the quarter ended 31st March 2020 are balancing figures between audited figures in respect of the full financial year and the published year to date figure upto 31st December 2019. Also, figures upto end of the quarter December 2019 were only reviewed and not subject to audit. 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 Other expenses 558140000.00