Shoppers Stop Ltd, a leading fashion and beauty retailer reported a 91 percent decline in net profit to Rs 2 crore ($2,34,845), as against Rs 21 crore in the year-ago quarter.
The company’s revenue for the quarter rose by 2 percent to Rs 1,022 crore, as against Rs 1,000 crore in the corresponding quarter of the previous fiscal year.
For the full financial year 2025, the company reported a revenue of Rs 4,436 crore with a net profit of Rs 6 crore.
Commenting on the results, Kavindra Mishra, managing director CEO of Shoppers Stop in a statement said, “Shoppers Stop delivered consistent performance despite continued softness in demand and a challenging macro environment. We achieved 4 percent revenue growth with 3 percent Like-for-Like growth, marking the second consecutive quarter of LFL growth.”
“Despite the gradual demand recovery, we are optimistic due to structural changes like premiumization, customer engagement campaigns, and India’s rising affluence and evolving consumer aspirations. We will continue to build strong momentum in premiumization, beauty and value fashion with focus on experiential retail, digital personalization, expansion to drive sustainable growth in FY26 and beyond,” he added.
During the quarter, Shoppers Stop launched 21 stores including 5 department, 15 Intune, and 1 beauty store.
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