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Shoppers Stop reports over 3 fold jump in Q1 net profit

30 Jul 2013 Evaluate

Shoppers Stop has reported results for first quarter ended June 30, 2013.

The company has registered over 3 -fold jump in its net profit at Rs 1.64 crore for the quarter as compared to Rs 0.50 crore for the same quarter in the previous year. Total income of the company has increased by 20.22% at Rs 537.07 crore for quarter under review as compared to Rs 446.74 crore for the quarter ended June 30, 2012.

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.

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