Bata India Q4 FY25: ₹9 dividend as profit drops 28%

Key update for shareholders

Bata India Ltd. reported weak fourth-quarter earnings for FY25 and, at the same time, announced a fresh shareholder payout. The board of directors, at its meeting on May 28, 2025, recommended a final dividend of ₹9 per equity share (180%) for the financial year ended March 31, 2025. The final dividend is subject to shareholder approval at the company’s upcoming annual general meeting (AGM).

The company also fixed August 1, 2025 as the record date for the final dividend. If approved at the AGM, the final dividend will be paid from August 25, 2025 onwards to eligible shareholders. This proposed payout comes in addition to an interim dividend of ₹10 per share (200%) that was declared earlier and paid in September 2024.

Dividend details: final plus interim

Bata India’s board recommendation keeps the company’s dividend policy in focus even as quarterly profitability softened. For FY25, the total dividend adds up to ₹19 per share, combining the interim dividend of ₹10 per share and the proposed final dividend of ₹9 per share. The company reported that the total dividend for FY25 stands at ₹244.2 crore.

The dividend percentages cited are linked to the equity share face value of ₹5 each. The final dividend is stated as 180% and the interim dividend as 200% of face value. The company’s updates also note that shareholder approval is required for the final dividend at the ensuing AGM.

Q4 FY25 results: profit falls, revenue nearly flat

For the quarter ended March 31, 2025 (Q4 FY25), Bata India reported a steep year-on-year decline in consolidated net profit. Consolidated net profit fell 27.86% year-on-year to ₹45.92 crore, compared with ₹63.65 crore in Q4 FY24. Other reports in the same set of disclosures also cited net profit at ₹45.9 crore and ₹46 crore, against ₹63.6 crore in the year-ago quarter.

Revenue from operations for Q4 FY25 came in at ₹788.21 crore, down 1.21% year-on-year from ₹797.87 crore. Some summaries described the revenue decline as 1.2% to about ₹788 crore versus about ₹798 crore. Overall, the quarter reflected a near-flat top line but a sharp contraction in profitability.

Profitability and operating metrics reported

Bata India’s profit before tax (PBT) for Q4 FY25 was reported at ₹62.18 crore. This represented a 25.02% year-on-year decline and a 19.57% quarter-on-quarter decline, as stated in the results commentary provided.

On operating performance, the company reported an operating profit of ₹37.41 crore for Q4 FY25, down from ₹58.26 crore in Q4 FY24. An exchange summary also reported EBITDA down about 2% to ₹178 crore versus ₹182 crore, with margin at 22.6% versus 22.8%. Another line in the provided text stated “operating EBITDA of ₹53.80 crore,” but the broader set of figures repeatedly referenced EBITDA around ₹178.30 crore for the quarter.

Full-year FY25: profit up, revenue flat

While Q4 FY25 was weak on profit, the full-year numbers showed a different trend. For FY25, revenue from operations rose 0.29% to ₹3,488.79 crore. In comparison, FY24 revenue from operations was cited at ₹3,478.61 crore.

FY25 consolidated net profit was reported at ₹330.66 crore. FY24 net profit was cited at ₹226.51 crore, and one summary described the FY25 increase as a 46% jump, while another described it as a 25.96% rise. The values in the disclosures show that profit growth at the full-year level was strong even as quarterly profitability weakened.

Stock reaction after results and dividend update

Bata India’s share price movement was mixed across the updates shared around the announcement. One report said the stock fell 1.03% to ₹1,262.45 after the company reported the Q4 decline in profit and a slight revenue dip. Another update stated the share price fell 2.37% in early trade following the announcement.

On the day of the results release, shares of Bata India closed around ₹1,276 to ₹1,279 on the NSE, with separate reports stating it closed 0.15% lower at ₹1,276.80 and 0.02% higher at ₹1,279, compared with a 0.3% decline in the Nifty 50. The results were stated to have been declared after market hours. On the BSE, one report said the stock ended at ₹1,276.50, down 0.22%.

Timeline: dividends across FY24 and FY25

The company’s dividend actions over the past two financial years highlight the scale of distributions per share.

Snapshot of reported financial numbers

The quarter saw pressure on profits despite a relatively stable revenue base.

Why the dividend matters alongside weaker Q4 numbers

The final dividend recommendation indicates Bata India’s intent to keep shareholder returns steady even after a weak quarter. With a ₹9 per share final dividend proposed and a ₹10 per share interim dividend already paid, the FY25 dividend totals ₹19 per share. The company also disclosed that the total dividend for FY25 stands at ₹244.2 crore.

At the same time, the Q4 earnings pressure is clear in the reported year-on-year fall in net profit and operating profit. For investors, this sets up two parallel signals from the same set of disclosures: a stable payout decision, and weaker quarterly profitability compared with the year-ago period.

What to watch next

The final dividend is not yet final until shareholders approve it at the AGM. Investors tracking eligibility will also focus on the record date of August 1, 2025. The company has stated that, if the dividend is approved, payment will be made from August 25, 2025 onwards.

From an earnings perspective, the contrast between Q4 pressure and full-year profit growth will remain a key point of attention when the market evaluates management commentary and subsequent quarterly performance updates.