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Shoppers Stop Posts Q2 Net Profit of Rs 3.11 Crore as Revenue Rises
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News18•16-10-2026, 16:45
Shoppers Stop Posts Q2 Net Profit of Rs 3.11 Crore as Revenue Rises
- •Retail chain Shoppers Stop reported a consolidated net profit of Rs 3.11 crore in the September quarter, recovering from a net loss of Rs 20.11 crore a year ago.
- •Revenue from operations increased by 8.72 per cent to Rs 1,366.27 crore during the quarter, driven by a premiumisation-led growth strategy.
- •MD and CEO Kavindra Mishra highlighted that the strong performance was achieved despite the festive season shifting largely to the third quarter.
- •The company aims to maintain capital discipline, improve profitability, and achieve its goal of becoming debt-free by the end of Q3.
Key Questions Answered
Shoppers Stop reported a consolidated net profit of Rs 3.11 crore for the September quarter (Q2) of FY27, recovering from a net loss of Rs 20.11 crore in the previous year. Its revenue from operations grew 8.72 per cent to reach Rs 1,366.27 crore compared to Rs 1,256.62 crore a year ago.
The company credited its PAT-positive performance to a premiumisation-led growth strategy. MD and CEO Kavindra Mishra also highlighted that a continued focus on experiential retail, inventory discipline, and operational excellence significantly strengthened growth.
Managing Director and CEO Kavindra Mishra stated that the company remains committed to prudent capital allocation and aims to achieve its goal of becoming entirely debt-free by the end of Q3.
