Shoppers Stop Q1 results: Net loss narrows to ₹16 crore, revenue rises 8.6% YoY; check all numbers

The company’s net loss has narrowed to ₹15.74 crore year-on-year (YoY) in the reporting quarter as against the net loss of ₹22.72 crore reported in the same quarter of the previous fiscal year.

Operationally, Shoppers Stop saw a stable performance in the June quarter, as its earnings before interest, taxes, depreciation, and amortisation (EBITDA), also known as operating profit, advanced 20% to ₹172 crore in contrast to ₹143 crore in the corresponding period last year.

Its operating profit margin also increased 15% YoY from 13.3% in the same period last year.

The retail firm said it has seen improved footfalls sequentially aided by weddings, lower inflation, and other positive factors. The company’s growth has moderated in value retail.

Its First Citizen Members strategy contributed 85% to sales, with 70% from repeat members and 15% from new members, while Premium Black Card members contributed 19% to the sales, an increase of 44% YoY.

Excluding distribution, the firm’s beauty segment delivered sales of ₹219 crore, rising 2% YoY. “Our 100% subsidiary, Global SS Beauty Brands Limited, has been delivering healthy performance, delivering sales of ₹84 crore, registering a growth of 117% YoY,” the company said.

During the quarter, Shoppers Stop launched 4 INTUNE stores.

Commenting on the Q1FY26 results, CEO and MD Kavindra Mishra said, “We have delivered an impressive performance. Consumers are becoming more discerning and are willing to spend more. In a crowded marketplace, premiumization allows retailers to stand out. As a leader in premium category products, our initiatives led our premium portfolio contribution to grow to 67% with an 8% YoY growth and LFL growth of 9%.”

Shoppers Stop plans consistent launches within premiumisation to improve share to 70% by FY26 end. It expects an above-average monsoon combined with lower income tax rates to increase demand.

The company will also be optimising inventory to ensure “the right products at the right time” besides improving the cash flow.

At the end of the Annual General Meeting, B. S. Nagesh had informed the shareholders that he will retire as chairman after 34 years.

Shares of Shoppers Stop closed at ₹579.45 apiece on the National Stock Exchange, gaining 0.56%.