Bata India bets on improving inventory reduction through efficiency steps, omni-channel strategy

“In the four months since December, we have almost 700+ stores fulfilling online orders and therefore benefiting from the same inventory,” Bata executives said.

Bata India reported a 95.2% year-on-year decline in consolidated net profit. ₹2.2 crore in Q4 suffered losses due to voluntary retirement plan charge and foreign exchange-related accounting loss. The company said raw material prices increased in the mid-single digits.