Bata India, one of India’s leading footwear brands, has reduced its workforce by 9.06% in fiscal year 2024-2025 (FY25). The company’s permanent employee headcount also decreased by 2.74%.
At the start of FY25, Bata India had a total workforce of 9,903, which came down to 9,005 by the end of the fiscal year. Similarly, the company had 4,073 permanent employees at the start of FY25 and 3,961 by the end.
In FY25, Bata India’s salary hikes were also at a decreased amount compared to previous fiscal years. The average salary increase of employees, excluding those in managerial positions, was 4% in FY25. In FY24, Bata India’s salary hikes averaged 9%.
Bata India’s Managing Director and Chief Executive Officer, Gunjan Shah, received a reduced payout in FY25. His compensation for the fiscal year was at ₹4.68 crore, including a base salary of ₹3.48 crore. This is a reduction of about 15% as Shah received ₹5.53 crore in FY24.
Despite the reduced numbers, Bata India’s standalone employee benefits expenses did increase by 10.3% to ₹461.6 crore in FY25 from ₹418.2 crore in FY24. Salaries, wages, and bonus expenses in FY25 totalled ₹423.3 crore, an increase from ₹382.4 crore in FY24. Bata India’s gratuity expenses also increased from ₹5.53 crore in FY24 to ₹9.21 crore in FY25. Overall, Bata India’s expenses decreased by 2.56% in FY25, from ₹780.5 crore in FY24 to ₹764.5 crore in FY25.