Baazar Style Retail opens store in Muzaffarpur, total stores 275

Baazar Style Retail opened a new Style Baazar store at Kalambagh, Muzaffarpur, Bihar, on July 11, 2026. This expansion increases the retailer's total operational footprint to 275 stores.

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirmed the location of the new outlet and the updated aggregate store count.

Store Expansion Details

The new outlet operates under the Style Baazar brand. The following table summarizes the expansion:

Metric	Details
New Store Location	Kalambagh, Muzaffarpur, Bihar
Total Stores (as on date)	275

The company continues to expand its physical presence across India. The filing was signed by Abinash Singh, Chief Compliance Officer, Company Secretary, and Head - Legal & Compliance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.70%	-11.28%	+1.41%	-20.31%	+1.01%	-32.58%

Baazar Style Retail reported a 29% year-on-year increase in standalone revenue from operations to Rs 4,860 million for the first quarter ended June 30, 2026. The value fashion retailer, based in Kolkata, achieved this growth driven by network expansion and improved store productivity metrics.

Operational Performance

The company's total store count reached 276 with a total rental area of 25.80 Lakh Sq Ft as of June 30, 2026. During the quarter, Baazar Style Retail opened 18 new stores and closed 5. Same store sales growth (SSSG) stood at 7%, while sales per square feet (PSF) increased to Rs 679 per month from Rs 663 in the prior year.

Financial Highlights

The following table outlines the key performance metrics for Q1FY27 compared to the corresponding period in the previous year:

Key Performance Metrics	Q1FY27	Q1FY26	YoY %
Revenue from Operations Standalone (Rs Mn)	4,860	3,778	29%
Sales Per Square Feet (Rs/Month)	679	663	2%
Total No. of Stores (Nos.)	276	232	19%
Total Rental Area (Lakh Sq Ft)	25.80	21.17	22%