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Shoppers Stop reports around 3-fold jump in Q3 net profit

30 Jan 2019 Evaluate

Shoppers Stop has reported results for third quarter ended December 31, 2018.

The company has reported around 3-fold jump in its net profit at Rs 44.32 crore for the quarter under review as compared to Rs 16.35 crore for the same quarter in the previous year. Total income of the company increased by 3.66% at Rs 1,002.00 crore for Q3FY19 as compared Rs 966.59 crore for the corresponding quarter previous year.

Shoppers Stop is engaged in the retailing business. It runs a chain of departmental stores with brands including Shopper’s Stop, Home Stop, Crossword, Cafes and Restaurants etc.

Peers
Company Name CMP
Avenue Supermarts 3809.70
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Vishal Mega Mart 99.60
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