Bata India Limited — Interim / Quarterly Report 2025

Feb 10, 2025

February 10, 2025

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The Manager Corporate Relationship Department BSE Limited 1[st] Floor, New Trading Wing, Rotunda Building, P J Towers, Dalal Street, Fort, Mumbai - 400001

The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, 5[th] Floor, Plot No. C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400051

The Secretary The Calcutta Stock Exchange Limited 7, Lyons Range, Kolkata - 700001

BSE Security Code: 500043

NSE Symbol: BATAINDIA

CSE Scrip Code: 10000003

Dear Sir/Madam,

Subject: Outcome of Board Meeting

The Board of Directors of the Company at its meeting held today, i.e., February 10, 2025, which commenced at 2:45 P.M. and concluded at 6:30 P.M. has, inter-alia, considered and approved the Unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter and nine months ended December 31, 2024, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended).

In this regard, we enclose herewith the Unaudited (Standalone and Consolidated) Financial Results for the quarter and nine months ended December 31, 2024 and Limited Review Reports issued by the Statutory Auditors of the Company.

The aforesaid information shall also be made available on Company’s website www.bata.in

We request you to take the same on record.

Thanking you,

Yours faithfully,

For BATA INDIA LIMITED

Digitally signed by NITIN BAGARIA NITIN BAGARIA

AVP (Special Projects) – Company Secretary & Compliance Officer

Encl.: As above

BATA INDIA LIMITED

CIN: L19201WB1931PLC007261

Registered Office: 27B, Camac Street, 1[st] Floor, Kolkata-700016, West Bengal II Tel.: (033) 23014400 II Fax: (033) 22895748 E-mail: in-customer.service@bata.com II Website: www.bata.in

Price Waterhouse Chartered Accountants LLP

Review Report

To The Board of Directors M/s. Bata India Limited 27B, Camac Street, l[5][1 ] Floor, Kolkata - 700016

1. We have reviewed the consolidated unaudited financial results of Bata India Limited (the "Holding company") and its subsidialies (the Holding company and its subsidiaries hereinafter referred to as the "Group[w] ) {refer Note 1 to the Statement) for the quarter ended December 31, 2024 and the year to date results for the period April 1, 2024 to December 31, 2024 which are included in the accompanying "Statement of consolidated unaudited financial results for the quarter and nine months ended 31 [st ] December 2024" (the "Statement"). The Statement is being submitted by the Holding company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes.

2. This Statement, which is the responsibility of the Holding company's Management and has been approved by the Holding company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting", prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ('SRE') 2410 "Review oflnterim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inq11iries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an au<lit opinion.

We also performed procedures in accordance with the circular iss,ued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

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Price Waterhouse Chartered Accountants LLP, Building No. 8, 8th Floor, Tower- B, DLF Cyber City, Gurugram • 122 002 T: +91 (124) 6169910

Reglsten!d 011',ce end Head offlca: 11-A, 1/bhnu Otgambor Marg, SUcheta Bhawan, New Delhi - 110002

Price Watemouse (a Patlne,.hlp Arm) converted inlo Price Walmhouse Charl8fed AG=untants LLP (a Umited Uablllly Pa,tne,,hip wllh LLP identity no: LLPIN AAC-5001) with ettect from Juty 2S, 2014. Post its conversion lo Price Wat&rtiouae Chartered Ac.-countanls LLP, ita lCAI regislration number is 0127S4N/N500016 �CAI n,gistralion number before con'tarsJon was a� 2754N)

1. The Statement includes the results of the following entities (refer Note 1 to the Statement):

2. Bata India Limited - Holding company

3. Bata Properties Limited - Subsidiary company

4. Way Finders Brands Limited- Subsidiary company

5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the infonnation required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

6. The consolidated unaudited financial results include the interim financial results of 2 subsidiaries which have not been reviewed by their auditors, whose interim financial results reflect total revenue of Rs. 3.53 million and Rs. 33. 64 million, total net loss after tax of Rs. 2.25 million and Rs. 3.20 million and total comprehensive income of Rs. (2.25) million and Rs. (3.20) mil1ion for the quarter ended December 31, 2024 and for the period from April 1, 2024 to December 31; 2024, respectively, as considered in the consolidated unaudited financial results. According to the information and explanations given to us by the Management, these interim financial results are not material to the Group.

Our conclusion on the Statement is not modified in respect of the above matter.

For Price Waterhouse Chartered Accountants LLP �[�][=] ��[/N500016 ]

Rajib Cbatte1jee Partner Membership Number: 057134 UDIN: 25057134BMTC�5645 Place: Koll<ata Date: February 10, 2025

-�

BATA INDIA LIMITED

RECD. OFFICE: 27B, CAMAC STREET, ISi FLOOR, KOLKATA 7000161 CIN: Ll9201WB1931PLC007261

Telephone: 033 23014400, fax: 033 228957481 E-mail: in-cus1omcr.scrvicc@bata.com; Website: www.bata.in STATEME:'\'T OFCO:'\'SOLIO,.\TED UNAUDITED Fl:":Ai\'ClAL RESULTS FOil THE QUARTERA.'iO Nl:'\'E MONTHS ENDED 31st DECE;\'IBER 2024

S.N	o. rarliculars , Revenue from opmtions b Other income Total Income Erpcnsc. , Cost or r.iw materals and components consume b Purchases ors1ock-in-tradc Changes in inventores of fnished goods, stock- d Employee benefits c, pt'e Finance co.�ts r Depl">ciation and amortisation expense g 01her expenses	rarliculars opmtions	d in-trade and work-in.progress		Qua JI.t D U	Qua JI.t D U	rter ended Qua ecember 20u 30th Se naudiled U 9,187.94 98.64 9,286.58 734.30 2,426.83 864.26 1,034.27 311.14 901.79 2,133.10	rter ended Qua ecember 20u 30th Se naudiled U 9,187.94 98.64 9,286.58 734.30 2,426.83 864.26 1,034.27 311.14 901.79 2,133.10	r1er e ptemb naudi1	nded Quarter ended (ht Rs. mi :inc months ended Xinc months ended er 2024 31st December 2023 31st Deccn1her 2024 J 1st December 2023 cd Um1udi1cd Unaudited Un:uditcd 8,371.44 9,034.72 27,005.72 26,807. 171.85 110.51 432.84 398. 8,543.29 9,145.23 27,438.56 27,205. 717.70 595.60 2,020.13 1,815. 2,893.95 2,974.98 8,258.65 9,698. 19.65 399.09 1,642.28 227. 1,138.20 1,027.37 3,380.57 3,133. 317.92 294.64 937.16 860.4 902.14 859.94 2,676.00 2,487.8 1,855.98 2,213.26 6,113.47 5,896.4	nded Quarter ended (ht Rs. mi :inc months ended Xinc months ended er 2024 31st December 2023 31st Deccn1her 2024 J 1st December 2023 cd Um1udi1cd Unaudited Un:uditcd 8,371.44 9,034.72 27,005.72 26,807. 171.85 110.51 432.84 398. 8,543.29 9,145.23 27,438.56 27,205. 717.70 595.60 2,020.13 1,815. 2,893.95 2,974.98 8,258.65 9,698. 19.65 399.09 1,642.28 227. 1,138.20 1,027.37 3,380.57 3,133. 317.92 294.64 937.16 860.4 902.14 859.94 2,676.00 2,487.8 1,855.98 2,213.26 6,113.47 5,896.4	nded Quarter ended (ht Rs. mi :inc months ended Xinc months ended er 2024 31st December 2023 31st Deccn1her 2024 J 1st December 2023 cd Um1udi1cd Unaudited Un:uditcd 8,371.44 9,034.72 27,005.72 26,807. 171.85 110.51 432.84 398. 8,543.29 9,145.23 27,438.56 27,205. 717.70 595.60 2,020.13 1,815. 2,893.95 2,974.98 8,258.65 9,698. 19.65 399.09 1,642.28 227. 1,138.20 1,027.37 3,380.57 3,133. 317.92 294.64 937.16 860.4 902.14 859.94 2,676.00 2,487.8 1,855.98 2,213.26 6,113.47 5,896.4	nded Quarter ended (ht Rs. mi :inc months ended Xinc months ended er 2024 31st December 2023 31st Deccn1her 2024 J 1st December 2023 cd Um1udi1cd Unaudited Un:uditcd 8,371.44 9,034.72 27,005.72 26,807. 171.85 110.51 432.84 398. 8,543.29 9,145.23 27,438.56 27,205. 717.70 595.60 2,020.13 1,815. 2,893.95 2,974.98 8,258.65 9,698. 19.65 399.09 1,642.28 227. 1,138.20 1,027.37 3,380.57 3,133. 317.92 294.64 937.16 860.4 902.14 859.94 2,676.00 2,487.8 1,855.98 2,213.26 6,113.47 5,896.4	llion ttc,ml ner shun• dala Vear ended 31st March 2024 Audited 39 34,786.10 22 617.17 61 35,403.27 52 2,439.16 11 12,810.34 69 (32723) 52 4,199.64 1 1,170.05 8 3.390.81 5 7.805.18	llion ttc,ml ner shun• dala Vear ended 31st March 2024 Audited 39 34,786.10 22 617.17 61 35,403.27 52 2,439.16 11 12,810.34 69 (32723) 52 4,199.64 1 1,170.05 8 3.390.81 5 7.805.18
2 3 4	Tol3I £xuenns l'rofr befre cxccnl Exceptional Items - Expense tow1ds V - Gain on sale of\an Profit before 13.x (J Tax expense Current tax Dcfom.-d tax c Tolal tax e1nense rroft fr lhc nerlod						8,405. 880. 107. 773. 249. (63.4 186. 586.9	69 89 84 05		7,845.54 8.36-.88 25,028.26 24,119. 697. 75 780.JS 2,410.30 3.086.0 107.84 409,0 (1,339.52) 697.75 780.35 3,641.98 2,677.0 186.46 265.13 904.44 833. I (8.50) (64.55) (109.87) (144.7 177.96 200.58 794.57 688.4 519.79 579.77 2,847.41 1,988.6				58 3 0 3 J 2)	31,487.95 3,915.32 409.00 3,506.32 1,014.63 (133.42) 881.21 2625.11
		iom)I items and tu Cl-2) RS (rercr no1e 4) d fnct of related e:!!lSC) <ref LT no . .n
6										697.75 780.3 186.46 265.1 (8.50) (64.5 177.96 200.5 519.79 579.7
		redit						46 0)
7								06 9			8 7	794.57 2,847.41	688.4 1,988.6	1 2
		*/,•carlS-1*
9	Other comprehensh (i) Items that will not (ii} Income ta., relatin						(5.3 1.3 (3,9	1) 4		(9.56) (1.0 2.40 0.2	1) 6	(15.93) 4.01	(4).45 10.9	) 4	, (4.23) 1.07 (3.16)
	Other comnrchensl l'o1at comnrehcnsiv Paid up equity shar Other equity Earnings per equity Basic and Diluted(no							**7) **		(7.16) **(0.75 **	)	IIJ.92) ()2.51		)
							583.0 642.6	2		512.63 579.0	2	2.835.49 1,956.1		1	2,621.95
								4		642.64 642.6 4.04 4.51	4	642.64 642.6 22.15 15.47		4 642.64 14.626.29 20.42
		share or Rs. SI- ench _t_annualised e., ent for ·�·tv filurcs) (Rs.)
							4.57

See :accompanying notes to the consolldalcd financial results .

.'i'orcs:

I "the Group"). terms of Regulation J3 oflhe SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended. The consolidated financial results include rcsulls or Ba1a India Limited (the Holding Company), Bata Propenics Limited and Way Finders Brands Limited (the wholly mmcd subsidiaries), (Holding company and its wholly owned subsidiaries together rcrcrred to as The above oonsolida1cd financial rcsulr..s were reviewed by the Audit Commillcc and thcttafier approved by the Board of Directors at their respective meetings held on 10th February 2025. These consolidated financial results have bct"ll prcpan-d in accordance with the rcco1,"Tii1ion and measun:mcnl prindplcs laid down in Ind AS 34 • ln1crim Financial Repon.ing prescribed under Section 133 or the Comp;mies Act, 2013 read with the relevant rules issued thereunder and other accounting principles generally accepted in India and i�

2

and paid in September 2024. approved at the Annual General Mce1ing held on 7tJi August 2024 and was paid in Au1, ust 2024. FunJ1er, an interim dividend of Rs. 10.00 per share (200% on an equity shDuring thi: nine montJlS ended 31st December 2024, the Boord of Directors of the Holding Company in ill meeting held on 29th May 2024, had recommended a final dividt'l1d of Rs. 12.00 per share (240% on an equity share or par value of Rs, 5/-are of par value of Rs. 5/- each) W3S approved al the Board Mming held on 6tJt August 2024 each) which was

3

4 During tJ1e nine months ended 31st December 2023 and 1he year ended J 1st �-larch 2024, a scheme for voluntary retirement (VRS) \WS introduced at one manufacturing unit and Rs. 409.00 million wns incurred for the same and was disclosed as an exceptional item. Further, during the quarter and nine montJtS ended J 1st December 2024, another scheme for voluntary rNircment was introduced at ::mother manufacturing uni1 and Rs.107.84 million was incurred for the same and is disclosed as an e."<ccplional item. 5 TI1e Group operates in a single busines segmem, i.e., Footwear and Accessories.

6

1,560.00 million. The sale deed has been eJteculcd and the total consideration also received on the s::unc date. There is a gain on sale of aforesaid land (net of related expenses) or Rs. 1,339.52 million which has been disclosed as an e,cceptional item. During the nine months ended 31st December 2024, the Board of Directors or the 1-lolding Company approved tJtc S3lc of the freehold industrial land to an unrelated party for a consideration of Rs.

7 The repon or sta!utory auditors is being filed with f'-atiom1! Slock Exchange of India Limited, BSE Limited and The Calcutta Stock Exchange Limited. For more details on the financial results, pk-asc visit Investor Rel ons section bf our website: www.bata.in anc unaudited financial results 31 Corpora1e section or.,.,ww.nscindia.com, www.hseindia. com and www.csc.india.com. - .,,9 I,,"] n�[�<Y' ] () ~~[�]~~ [v ] Pince: Gurugram ��mlt Aggam'll �'t'; [incshkumar Shah ] Dare: 10th February 2025 Dlrccror Finance & CFO Mana1�11 Director & CEO �

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Price Waterhouse Chartered Accountants LLP

Review. Report

To The Board of Directors Mf s. Bata India Limited 27B, Camac Street, 1[st ] Floor, Kolkata - 700016

1. We have reviewed the standalone unaudited financial results of Bata India Limited (the "Company") for the quarter ended December 31, 2024 and the year to date results for the period Aptil 1, 2024 to December 31, 2021, which are included in the accompanying "Statement of standalone unaudited financial results for the quaiter and nine months ended 31 [st ] December 2024" (the "Statement"). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regnlatlons, 2015, as amended (the "Listiag Regulations, 2015''), which has been initialled py us for identification purposes. The Statement is the resporuibility of the Company's management and bas been approved bythe Board of Directors. Our responsibility is to issue a repmt on the Statement based o.n-our review.

2. We conducted om review of the Statement in a�ordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants oflndia. This Standard requires that we plan and pe1form the review to obtain moderate assmance as to whether the Statement is free of material misstatement.

1. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not petfonned an audit and accordingly, we do not express an audit opinion.

2. Based on oul' review conducted as above, nothing has come to our attention that caiises us to believe that the Statement has not been prepared, in all material respects in accordance with the applicable Accounting Standards-prescribed W1der Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies and bas.not disclosed the information required to be disclosed in teTms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement.

For Price Waterhouse Chartered Accountants LLP 754NjN500016; () ' �� c:;;:� : � ..:-t (_A-I-

Rajib Chatterjee Partner Membership Number: 057134 UDIN:25057134BMTCNY6167 Place: Kolkata Date: February 10, 2025 ...

Price Waterhouse Chartered Accounmnts LLP, Building No. 8, 8th Floor, Tower -B, DLF Cyber City, Gurugram - 122 002 T: +91 (124) 6169910

Reglatarad office ood H- olffce: 1 l·A, 1/bhnu Digamber Matg, Suchela Ehl wan, New Dolhl -110002

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....

BATA INDIA Ll�IITED RECD. OFFICE: 27B, CA.\IAC STREET, 1st FLOOR, KOLKATA 7000161 CIN: Ll9201WBl931PLC007261 Telephone: 033 23014400. Fax: 0JJ 22895748 ! E-mail: in-cus1omcr.scrvkc@.b:ua.com.:Websiu�:ww .bata.in

STATE:\IE�T or STA.'lDALONE U�AUDITED Fl.�A.'lCIAL RESULTS FOR THE QUARTER A.'11D NINE :\IONTIIS E�DEO 31st OECE:\IBER 202"

			(In l. miJJio11 .n. pl ,1, shurt Jutu)	(In l. miJJio11 .n. pl ,1, shurt Jutu)	(In l. miJJio11 .n. pl ,1, shurt Jutu)	(In l. miJJio11 .n. pl ,1, shurt Jutu)	(In l. miJJio11 .n. pl ,1, shurt Jutu)	(In l. miJJio11 .n. pl ,1, shurt Jutu)
S. N	o. P:rUcul:rs		Qu:rlu rndtd Qu�rlu udtd Quartu tndtd 'Hnt monlhs tnded Nine monlhs ended \ear ended Jin lnumbu 202 30th September 2024 J hi December 2023 JIIC December ZOU l ht Drcrmbtr 2023 ]Isl :\l:rch lOU
			Unaudited Unauditl'd Unauditt-d Una11di1t." Unaudited Audited
	a Rc\'t" 11 fom o()-r:uions b Olhcr income		9,IK-.78 8,371.44 9,034.72 27.002.56 26.807.39 34,784.13 97.20 170.98 107.92 429.78 )94.61 614.73
I	Tot:1l Income		9,281.98 8.54Z..U 9,Ul.'4 27,-HZ.J, 27,202.00 JS.398.86
	Espenns~~.~~Cost or r.w materials :md componmls ronsumcd b Purch1es of s10ck-in-1radc		7ll.2J 715.11 499.06 1,997.4] 1.708.59 2.JOl.52 2,426.8) 2,895.41 l,054.95 8,288.0S 9,809.75 12,979.65
	' Ch:mg1"S in in"cntoria of fnished aos. s1ok-in-tnad: and work-in-rroarcss d lmplo)tt bcnef1s cxp.,ui: ' Finance rosts r Depreciation and amonisa1ion upcnse • 01h1'I' cipcnscs		868.86 25.27 1.032.34 l,1J7.20 311.14 317.92 901.45 902.07 2.13).02 1,8-8.32		424.89 1.025.0S 291.4-1 858.83 2,213.21	1,647.85 3,J7J.l 1 936.80 2.674.86 6,103.74	2)6.58 ()36.59) l,lll.20 4.18..56 358.72 1.167.92 2.484.21 3,386.14 5,!80.40 7.822.3-
l		Total E: 1eusts	8,406.87	7.841.30	8.369.4)	25,021.84	2-,109.45	31,503.54
)		Proft before e.ue 1.ion: Items andtu fl-2)	875.11	701.12	773.21 2,410.50		J,092.55	J.89SJ2
4		Eseptlo1111I Items - Expense 1owards VRS (refer nocc 4) - Gnin on sale ofhd (net ofrdatcd c.1ncnscs) (rifer no1e Sl	107.84			l 07.84 (1.339.52	409.00	409.00
5		**Profil before ti: cJ-U **	161.27	701.12	773.21	3,642.18	2,683.55	J,486.]2
6	T::upenst Current lax Deferred Ill credit		249.00 (6l0)	186.00 (8.50}	264.67 903.07 (6-U5} (109.87)		BJl.87 (14-4.72)	1.0IJ.31 (126.24)
7	Tot1I IU t:rnense		185.60	177.50	200.J? 79J.20		687.15	887.07
~~•~~	**Profl (or lhe period/ \'tar (5-7 **		581.67	523.62	57].09 2,848.98		1.996.40	2.599.?5
9	Other co1111>rehen. ve Income (i) llcm. 1ha1 will not be reclassified 10 profit or loss (ii) Income la: rda1in2 10 i1cms th.t \ill noc b: rcd:wifo . -dto nrof1 or lou		(5.31) 1.34	(9.56) 2.40	(1.01) (15.9)) 0.26 4.01		(43.45) 10.94	(4.13) 1.07
	Other comotthensin income fr the irlodfrur. ntt or hn Total comprehensivelnco1nt for lheperiod/ ·ear(8+9)		(3.97) 577.70	(7.16} 516,.6	(0.75) (11.91} (32.51) (3.16} 572.J,1 2.837.06 1,963.89 2,596.09
	Paid up tqulty share caplul (Face value or Rs. 5/· e:ch) Other equity		642.64	642.64	642.64 642.64 642.64 642.64 14.557.32
	Urnlngs per equity share .r RI. SI- tacb
	Basic and Diluted (not innoaliscd e.,l for ,nrlv f2urcs) (Rs.)		4.53	4.07	4.46 22.17 IS.SJ 20.22

Stt accomp:rnylng notes lo the standalone financial rtsulls.

:--lotes: I The above standalone financi.il results were rcvi1.•w .. 'tl by the Aud ii Commillce and 1hcrealkr :appro,'ed by rhi: Boord or Directors at thcir respective meerinss held on 10th February 2025. These stand.alone financi:al results have bccn prepared in accordance "ith lhe ro:oani1ion and mc:lSUrcm�1 principles laid 00\11 in Ind AS 34 - Interim Fin:anci:al Rq,orting prescribed under Sc:dion Ill or the Companies Act. 2013 rr::i.d ,\itb lbc relevant rule:$ issued thereunder :and ocha attoUn ina principles gcncnlly acccph!d in India :and in 1crms of Regulation JJ oftbe SEBI (Listing Obligations .ind Disclosure Rcquircmmls) Rcgul::i.1ions 2015. as amended.

• 2 The Comr:myopera1es in 11. sinsle business scgm1.'Tlt. i.e., Footwear and AttCSSOrics.

• 3 During thc nine months cmkd list December 2024, the Board or Directors or lhc Company in ils meeting helJ on 291h May 2024. had rccommenJt.-d 11. final dividend or Rs. 12.00 per share (240-/4 on an equity share of par value of Rs. 5/· e:icb) which w;i app.-ovcd at the Annual Gt.'flcr:al Meeting held on 7th August 2024 and was paid in August 2024. Furtha. an in1eri1n dividcnd or Rs. 10.00 per share (200%on an equity share of par value or Rs. 5/- each) was :approvtd at 1bc Bc»rd Mc:et:ing held on 61h August 2024 and paid in Sq,lc:mbcr 2024.

4 During the nine months ended J 1st December 2023 :and the }Tar end� list �1.irch 2024-, a scb .. -me for \'Oluntary retirement (YRS)"'" inrroduccd :it one manufacturing unit :and Rs. 409.00 million was incurred rlK the s.:ime and was disclosed as on cxccp1ional ilcm. Further, during the qu:an1.-r and nine monrhs ended )Isl December 2024. :ano1h1.'I' scheme for \'oluntary reiirenK'l'I WIUi introduced a1 another manurac1uring unit and Rs.107.84 million w:i.s incurrcc.l for the s.1me and is disclosed ns an i=xceptional item.

5 Durins the nine months ended J Isl December 2024, 1bc Board or OircctCN"s of the Company appto\'ed chc s.alc or 1bc &ecbold indusirfol land lo an unrclarcd p:1.rty for :a consideration or Rs. 1,560.00 million. The sale dectl has be n cxcailed and the total coruider:a1ion also r«ei\'cd on the same d:ale, There: is a gain on sak or aforesaid land (net ofrd.1 c:d cxpmscs) or Rs. 1,339.52 million which h.is hem disclosed as an cxcq>Cional item.

6 The ,cpon orsra1utory auditors is being filed with Nation.a.I S1ock Excb.3oge of India Limi1cd. BSE Limi1ed and The C:alcun:a Sud: Exchange Limi1ed. For more derails on lhc financial r �Its, please 'isil ln,·c:stor Relations sc:c1ion or our wcbsi1c: W\ W.bata.in and 11naudi1cd financial results a1 Corporate section orwww.nscindi:a.com, www.bsdndia.com .ind www.csc-india.ro1n.

� h r,:.,� -�� Q �mil Aggarwal uhkumar Shah Dlrec1ar flnanu & CFO �- b:� lreclor & CEO

rtoce: Gurugram Dace: 10th F�bruary 2025

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