Shoppers Stop reports 45% fall in Q4 net profit

02 May 2019

Shoppers Stop has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a fall of 44.90% in its net profit at Rs 11.45 crore for the quarter under review as compared to Rs 20.78 crore for the same quarter in the previous year. Total income of the company decreased by 6.40% at Rs 796.37 crore for Q4FY19 as compared Rs 850.83 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported around 7-fold jump in its net profit at Rs 78.75 crore as compared to Rs 11.60 crore for the previous year. However, total income of the company decreased by 3% at Rs 3,499.19 crore for year under review as compared to Rs 3,607.51 crore for year ended March 31, 2018.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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