Shoppers Stop: April-June quarter results reported

ShoppersStop

27 July 2022, Mumbai:

Shoppers Stop Q1 net profit at Rs 22.83 cr, sales up to Rs 948.44 cr.

Shoppers Stop is home to a multitude of leading international and national brands for apparel, fragrances, accessories, cosmetics, footwear, home décor, and furnishings catering to the needs of the entire family.

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Retail chain Shoppers Stop Ltd on Tuesday reported a consolidated net profit of Rs 22.83 crore for the first quarter that ended on June 30, 2022.

The company had posted a net loss of Rs 104.89 crore in the April-June quarter a year ago, said Shoppers Stop in a regulatory filing.

Its revenue from operations during the period under review was at Rs 948.44 crore, up over four-fold in comparison to a lower base of the pandemic-impacted corresponding quarter. It was Rs 205.23 crore in Q1/FY 2021-22.

(Business Standard Report)

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