Shoppers Stop turns profitable in Q2 FY27 as consolidated revenue rises 7 per cent to Rs 1,618 crore
The department store business recorded sales of Rs 1,302 crore, with festive-adjusted like-for-like growth of 7 per cent. The beauty segment grew 18 per cent to Rs 367 crore, led by a 35 per cent increase in fragrance sales. Beauty distribution revenue reached Rs 168 crore, up 59 per cent year-on-year. E-commerce sales, including omnichannel transactions, grew 12 per cent and contributed 14.2 per cent of revenue.
Shoppers Stop Ltd reported a consolidated non-GAAP profit after tax (PAT) of Rs 6 crore for the second quarter of FY27, compared with a loss of Rs 7 crore a year earlier, as EBITDA rose 56 per cent year-on-year to Rs 43 crore. Consolidated non-GAAP revenue increased 7 per cent to Rs 1,618 crore. On a GAAP basis, consolidated revenue grew 9 per cent to Rs 1,366 crore, while EBITDA increased 22 per cent to Rs 219 crore. PAT stood at Rs 3 crore, compared with a loss of Rs 20 crore in the year-ago quarter. The company said the festive calendar shift pushed a larger share of seasonal demand into the third quarter. Advt
The department store business recorded sales of Rs 1,302 crore, with festive-adjusted like-for-like growth of 7 per cent. The beauty segment grew 18 per cent to Rs 367 crore, led by a 35 per cent increase in fragrance sales. Beauty distribution revenue reached Rs 168 crore, up 59 per cent year-on-year.
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