BATAINDIA2021-01-012021-03-31in-bse-fin:OneOperatingExpenses01Member BATAINDIA2021-01-012021-03-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares BATAINDIA 2020-04-01 2021-03-31 2021-05-30 INR Millions Yearly true Cash Flow Indirect Single segment Footwear & Accessories 2021-01-01 2021-03-31 Audited Standalone 5899070000.00 144710000.00 6043780000.00 143870000.00 2392290000.00 230770000.00 913340000.00 241570000.00 619650000.00 1099010000.00 5640500000.00 403280000.00 0.00 403280000.00 0.00 108890000.00 108890000.00 0.00 294390000.00 0.00 0.00 0.00 0.00 294390000.00 26050000.00 320440000.00 0.00 0.00 642640000.00 5 2.29 2.29 0.00 0.00 2.29 2.29 Notes : 1. The above standalone results were reviewed by the Audit Committee and approved by the Board of Directors at the Board Meeting held on 9th June 2021. These standalone financial results have been prepared in accordance with Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015. 2. The current financial year has been a challenging year for our business. The year began amidst a strict lockdown post the emergence of the Coronavirus (COVID-19) towards the end of the last financial year. The economy gradually opened post June 2020 and the second half of the year was progressing towards recovery. However, a much stronger second wave of Covid-19 infections hit the country towards the end of year and has once again resulted in significant disruption to our business as several state governments have announced partial/ complete restrictions. The Company has made detailed assessment of the recoverability and carrying values of its assets comprising property, plant and equipment, inventories, receivables, other current assets, deferred tax assets, etc. 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 COVID-19, the impact assessment on the Company's financial statements will be continuously made and provided for as required. 3. The Company operates in a single business segment, i.e., Footwear and Accessories. 4. The Company has elected to apply the practical expedient of not assessing the rent concessions as a lease modification, as per MCA notification dated 24 July 2020 on IND- AS 116 for rent concessions which are granted due to COVID-19 pandemic. According to the notification, total rent concessions confirmed in the quarter ended 31 March 2021 of Rs. 158.92 million has been netted of from rent expenses. Further, out of total rent concessions confirmed for the year ended 31 March 2021 of Rs. 1010.29 million, Rs. 709.87 million has been accounted under head rent expenses and balance of Rs. 300.42 million is reported under head other Income. 5. Exceptional item of Rs. 46.10 million for the year ended 31 March 2021 represents one time expense for Voluntary Retirement Scheme [VRS] offered at manufacturing facilities and Company's retail stores. 6. 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. 7. The Board of Directors have recommended a dividend of Rs. 4 per share (80% on an equity share of par value of Rs. 5/- each) for the year ended 31 March, 2021. The payment is subject to approval of the shareholders at the ensuing Annual General Meeting of the Company. 8. The figures for the quarters ended 31 March 2021 and 31 March 2020 are balancing figures between audited figures in respect of the full financial year and the published year to date figure upto 31 December 2020 and 31 December 2019 respectively. Also, the figures upto the end of third quarter were only reviewed and not subject to audit. Single segment 2020-04-01 2021-03-31 Audited Standalone 17072990000.00 940350000.00 18013340000.00 1099030000.00 4658650000.00 2617290000.00 3398220000.00 1035450000.00 2647230000.00 3688300000.00 19144170000.00 -1130830000.00 -46100000.00 -1176930000.00 0.00 -274130000.00 -274130000.00 0.00 -902800000.00 0.00 0.00 0.00 0.00 -902800000.00 48850000.00 -853950000.00 0.00 0.00 642640000.00 5 16955090000.00 -7.02 -7.02 0.00 0.00 -7.02 -7.02 Other expenses 1099010000.00 Other expenses 3688300000.00 1035450000.00 2654010000.00 -220760000.00 0.00 65070000.00 58130000.00 0.00 43030000.00 0.00 -636620000.00 0.00 58720000.00 0.00 2647230000.00 0.00 68430000.00 -4430000.00 15270000.00 81880000.00 0.00 0.00 630000000.00 0.00 0.00 0.00 0.00 0.00 53700000.00 0.00 5289110000.00 4112180000.00 0.00 0.00 0.00 -468780000.00 0.00 4580960000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10520000.00 367500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 749760000.00 0.00 -888600000.00 0.00 -495820000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3151750000.00 0.00 514890000.00 11430000.00 0.00 -12880000.00 -3690950000.00 394190000.00 0.00 394190000.00 150140000.00 544330000.00