Shoppers Stop’s consolidated net loss narrows to Rs 104.89 crore in Q1

30 Jul 2021 Evaluate

Shoppers Stop has reported results for first quarter ended June 30, 2021.

The company has reported net loss at Rs 117.74 crore for the quarter under review as compared to net loss of Rs 115.14 crore for the same quarter in the previous year. However, total income of the company decreased by 67.89% at Rs 265.18 crore for Q1FY22 as compared Rs 157.95 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to shareholders at Rs 104.89 crore for the quarter under review as compared to net loss of Rs 120.25 crore for the same quarter in the previous year. However, total income of the company increased by 66.67% at Rs 269.30 crore for Q1FY22 as compared Rs 161.58 crore for the corresponding quarter previous year.

Shoppers Stop Share Price

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