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Shoppers Stop Returns to Profit in Q2 FY27 with 56 Percent Jump in EBITDA
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Storyboard•21-10-2026, 18:17
Shoppers Stop Returns to Profit in Q2 FY27 with 56 Percent Jump in EBITDA
- •Shoppers Stop returned to profitability in Q2 FY27, reporting a profit after tax of Rs 6 crore compared to a loss of Rs 7 crore year-on-year.
- •Consolidated non-GAAP revenue grew 7 percent and EBITDA increased by 56 percent, driven by strong premiumisation and consumer demand.
- •The retailer increased its department-store opening target for FY27 to 12 stores, having already launched six in the first half of the year.
- •Premium products accounted for 73 percent of departmental-store sales, with average transaction values rising 9 percent to Rs 5,471.
- •The beauty distribution business recorded a 59 percent rise in revenue to Rs 168 crore, while e-commerce sales surged 52 percent year-on-year.
Key Questions Answered
Shoppers Stop returned to profitability in Q2 FY27, reporting a consolidated net profit of Rs 3.11 crore compared to a net loss of Rs 20.11 crore in the year-ago quarter, supported by a 56% jump in EBITDA and premiumisation-led growth.
Shoppers Stop has raised its department-store opening target for FY27 to 12 stores, having already opened six in the first half of the financial year and planning six more by year-end.
Sales growth was driven by its premiumisation strategy, where premium products accounted for 73% of departmental-store sales, alongside strong performance in beauty distribution, which grew 59% year-on-year to reach Rs 168 crore.
