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Shoppers Stop reports a net loss of Rs 6.51 crore in Q3FY20

01 Feb 2020 Evaluate

Shoppers Stop has reported results for third quarter ended December 31, 2019.

The company has reported a net loss of Rs 5.22 crore for the quarter under review as compared to net profit of Rs 44.32 crore for the same quarter in the previous year. Total income of the company decreased by 0.13% at Rs 1000.66 crore for Q3FY20 as compared Rs 1002.00 crore for the corresponding quarter previous year. 

On the consolidated basis, the company has reported a net loss of Rs 6.51 crore for the quarter under review as compared to net profit of Rs 41.66 crore for the same quarter in the previous year. Total income of the company decreased by 0.20% at Rs 1025.53 crore for Q3FY20 as compared Rs 1027.57 crore for the corresponding quarter previous year. 

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