Shoemaker Bata India Ltd on Wednesday reported 23.3 per cent fall in consolidated net profit at Rs 29.47 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 38.40 crore in the year-ago period, Bata India said in a BSE filing. Revenue from operations was down to Rs 589.90 crore during the quarter under review from Rs 620.57 crore in the corresponding quarter of 2019-20. Commenting on the results, Bata CEO Sandeep Kataria said: The Q4 results are satisfactory for us, considering Q3 sales have historically been always better because of the festive season. We continued our march towards recovery via our channel expansion efforts via Franchising, distribution and marketplaces routes, he said.