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:

The revenue from operations for Q1FY27 is subject to limited review or audit by the statutory auditors of the company.

Sri Narsingh Infrastructure Private Limited, a promoter of Baazar Style Retail , has declared that it and the promoter group did not encumber any shares directly or indirectly during the financial year ended March 31, 2026. The disclosure confirms that the promoter's shareholding remains free from charges such as pledges or hypothecation for the specified period, ensuring stability in the ownership structure of the company.

The declaration was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance on their holdings to ensure transparency and protect the interests of minority shareholders.

Filing Details

The communication was addressed to the Department of Corporate Services at BSE Limited and the Listing Department at National Stock Exchange of India Limited. The document was signed by Pradeep Kumar Agarwal, Director of Sri Narsingh Infrastructure Private Limited, on behalf of the promoter and promoter group on April 03, 2026.

A copy of the declaration was also marked to the Audit Committee of Baazar Style Retail Limited for their records and internal governance purposes.