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Latest news about Shoppers Stop

Shoppers Stop Projects Mid-Teen Revenue Growth for FY27 6 days ago

Shoppers Stop management has provided guidance projecting mid-teen revenue growth for FY27 during a recent conference call. The guidance covers the company's overall business operations and reflects management's confidence in achieving sustained growth across retail segments over the medium term.

Shoppers Stop Reports Q3FY26 Results with Declining Profitability Despite Revenue Growth 7 days ago

Shoppers Stop Allots 5,224 Equity Shares Under Employee Stock Option Plan 2022 7 days ago

Shoppers Stop Receives Request for Promoter Group Reclassification to Public Shareholder Category Jan 16, 2026

Shoppers Stop Schedules Q3FY26 Earnings Call for January 21, 2026 Jan 13, 2026

More news about Shoppers Stop

12Jan 26

Shoppers Stop Limited Schedules Board Meeting for January 20, 2026 to Consider Q3FY26 Financial Results

Shoppers Stop Limited has scheduled its board meeting for January 20, 2026, to consider and approve Q3FY26 unaudited financial results for the quarter and nine months ended December 31, 2025. The company has implemented trading window restrictions for designated persons from December 25, 2025, continuing until 48 hours post-results declaration, ensuring compliance with SEBI LODR regulations.

20Dec 25

Shoppers Stop Subsidiary Completes ₹3 Crore Divestment in Pahadi Goodness Private Limited

Global SS Beauty Brands Limited, a material subsidiary of Shoppers Stop, has completed the transfer of its entire investment in Pahadi Goodness Private Limited. The transaction involved selling 40,000 Optionally Convertible Debentures (OCDs) to Augusta Consultants Advisors Private Limited for a total consideration of ₹3.00 crores. This divestment is part of Shoppers Stop's strategic review and focus on core business areas, with the company stating that it is not expected to have any material impact on its financials or operations.

25Nov 25

Shoppers Stop Boosts Beauty Subsidiary with Rs 10 Crore Investment

Shoppers Stop has completed its fourth tranche of investment in its wholly-owned subsidiary, Global SS Beauty Brands Limited (GSSBL), injecting Rs 10 crores through 1,000 preference shares. This brings the total preference share investment in GSSBL to Rs 105 crores. The funds are intended to support GSSBL's expansion in beauty product distribution and specialty retail store operations. GSSBL reported a turnover of Rs 220 crores in a recent fiscal year.

23Oct 25

Shoppers Stop Delivers Robust Q2 Results with 9.4% Like-for-Like Growth and Return to Profitability

Shoppers Stop announced robust Q2 financial results, highlighting a significant turnaround in its core business. The company achieved a 9.4% like-for-like growth in departmental store sales, the highest in a decade. Profitability improved with a Rs. 9.00 crore profit before tax, compared to a Rs. 12.00 crore loss previously. EBITDA grew by 42%. Key categories such as beauty, watches, and handbags showed strong growth. The premium product mix increased to 69% of total sales. The First Citizen loyalty program expanded to 13 million members, contributing 83% of total sales. While new ventures are still in the investment phase, the beauty distribution arm, Global SSBeauty, reported a 103% year-on-year growth. Shoppers Stop plans to open 9-10 new departmental stores this year and anticipates continued double-digit growth momentum in the upcoming festive season.

17Oct 25

Shoppers Stop Reports Improved Revenue but Continues to Face Losses in Q2 FY2026

Shoppers Stop Limited's Q2 FY2026 results show a 10% increase in standalone revenue to Rs 1,175.31 crores, but net loss slightly widened to Rs 22.68 crores. Half-yearly revenue rose to Rs 2,269.50 crores with a narrowed loss of Rs 40.57 crores. Consolidated Q2 net loss was Rs 20.11 crores. A pending service tax matter of Rs 16.60 crores is before the Supreme Court. The Board approved these unaudited results on October 17, 2025, with statutory auditors issuing an unmodified report.

23Sept 25

Shoppers Stop Anticipates Robust Festive Quarter Following GST Reforms

Shoppers Stop expects strong performance in the festive quarter, driven by recent GST reforms reducing tax rates on apparel. Managing Director Kavindra Mishra reports increased store footfalls since the GST changes. The company anticipates high single-digit growth in Q2 and a strong Q3. Despite focus on apparel, 40% of offerings remain in non-apparel categories, with margins expected to stay neutral. The luxury segment shows 9% growth, indicating a trend of premiumisation.

24Jul 25

Shoppers Stop's ESG Rating Climbs to 69.1, Reflecting Improved Sustainability Performance

Shoppers Stop Limited received an upgraded ESG rating of 69.10 from SES ESG Research Private Limited, up from 68.20 in the previous year. The assessment, based on FY 2024-25 disclosures, was conducted voluntarily by SES ESG without direct engagement from Shoppers Stop. The company disclosed this update to stock exchanges in compliance with SEBI regulations.

22Jul 25

Shoppers Stop Boosts Efficiency with New Warehouse in Karnataka

Shoppers Stop Limited announces the opening of a new warehouse in Karnataka's Bangalore Rural District, set to commence operations on July 25, 2025. The strategically located facility aims to enhance product delivery efficiency to customers and stores. This development aligns with the company's expansion plans, including the opening of 7-8 new departmental stores and 30-40 INTUNE format stores in the current fiscal year. The company recently reported a 5% like-for-like growth in departmental stores and a 68% increase in EBITDA on a non-GAAP basis.

22Jul 25

Shoppers Stop Boosts Logistics with New Warehouse in Karnataka

Shoppers Stop Limited announced the opening of a new warehouse in Karnataka's Bangalore Rural District, set to begin operations on July 25, 2025. Located across Lakkenahalli and Kuluvanahalli Villages in Nelamangala Taluka, this facility aims to enhance product delivery efficiency to customers and stores. The expansion is expected to improve order fulfillment, reduce delivery times, and enhance inventory management. Shoppers Stop emphasized that this move will strengthen their supply chain and improve overall customer satisfaction.

22Jul 25

Shoppers Stop Reports 68% EBITDA Growth in Q1 FY26, Expands Warehouse Operations

Shoppers Stop achieved 6% sales growth and 68% EBITDA increase in Q1 FY2026. Departmental stores saw 5% like-for-like growth and 145% EBITDA improvement. Beauty business grew 17%, with Global SS Beauty doubling sales to INR 84 crores. 'India Weds' campaign generated INR 154 crores in sales. Personal shoppers now contribute 25% of total sales. The company plans to open 7-8 new departmental stores and 30-40 INTUNE stores this fiscal year. A new warehouse in Karnataka began operations on July 25, 2025. INTUNE value format faced challenges due to competitive discounting.

17Jul 25

Shoppers Stop Reports Strong Q1 Performance with 68% EBITDA Growth

Shoppers Stop achieved 68% EBITDA growth to Rs. 26.00 crore and 6% sales growth to Rs. 1,336.00 crore in Q1. Premium portfolio contribution improved to 67% with 8% year-on-year growth. Key categories like watches, apparels, and fragrance showed strong performance. Beauty segment sales reached Rs. 284.00 crore with 17% growth. INTUNE, the value fashion brand, doubled sales to Rs. 68.00 crore. First Citizen loyalty program contributed 85% to sales. The company opened 4 new INTUNE stores and invested Rs. 21.00 crore in capex. Mr. B. S. Nagesh retired as Chairman, with Mr. Nirvik Singh taking over from July 18.

17Jul 25

Shoppers Stop Reports 6% Sales Growth in Q1, Driven by Premiumisation

Shoppers Stop announced Q1 financial results with sales reaching Rs. 1,336.00 crore, up 6% year-on-year. EBITDA increased 68% to Rs. 26.00 crore. The company's premium portfolio contribution improved to 67%, growing 8% year-on-year. Beauty sales, including distribution, rose 17% to Rs. 284.00 crore. The First Citizen loyalty program contributed 85% to total sales. INTUNE, the value fashion segment, doubled sales to Rs. 68.00 crore. The company opened 4 new INTUNE stores, bringing the total store count to 299. B.S. Nagesh retired as Chairman, with Nirvik Singh appointed as the new Chairman.

17Jul 25

Shoppers Stop: Q1 Loss Narrows, Revenue Grows 9% YoY

Shoppers Stop reported consolidated revenue of ₹1,161.00 crore for Q1, an 8.60% year-over-year increase. The company narrowed its net loss to ₹15.74 crore from ₹22.72 crore in the previous year. EBITDA rose 20% to ₹171.49 crore with an improved margin of 14.70%. Total sales grew 6% to ₹1,336.00 crore. The premium portfolio now contributes 67% to overall sales. Watches, apparels, and fragrance categories showed strong growth. Mr. B. S. Nagesh retired as Chairman after 34 years of service.

30Apr 25

Shoppers Stop Reports Modest Q4 Growth Amid Leadership Changes

Shoppers Stop's Q4 FY2025 saw 1.7% revenue growth to Rs 1,064.00 crore, but net profit declined to Rs 1.99 crore. FY2025 revenue increased 7.2% to Rs 4,627.64 crore, while annual profit fell to Rs 10.89 crore. Operational metrics improved with ATV up 8%, ASP up 4%, and IPT up 4%. Founder B.S. Nagesh to retire, with Nirvik Singh appointed as new Non-Executive Chairman effective July 18, 2025. The company plans to focus on premiumization, beauty, and value fashion for future growth.

29Apr 25

Shoppers Stop Reports 91% Drop in Q4 Profit, Announces Leadership Changes

Shoppers Stop's Q4 FY23 profit dropped 91% to ₹19.90 million, despite a 1.7% revenue increase to ₹10.64 billion. The premium segment contributed 65% to Q4 revenue. Chairman B.S. Nagesh will retire, with Nirvik Singh appointed as the new Non-Executive Chairman effective July 18, 2025. The company also appointed new Secretarial Auditors and approved employee stock options.

21Mar 25

Shoppers Stop Unveils Ambitious Expansion: Nine New 'INTUNE' Stores Set to Launch

Shoppers Stop Limited plans to open nine new stores under its 'INTUNE' format across seven Indian states between March 22 and March 30, 2025. The expansion targets diverse locations including Bhiwadi, Noida, Surat, Vadodara, Ghaziabad, Coimbatore, Dehradun, Nashik, and Chandigarh. This strategic move aims to enhance the company's presence in both metropolitan areas and emerging urban centers, strengthening its market position in the competitive retail sector.