Shoppers Stop Reports Q1 FY27 Results: Revenue Rises to ₹1,291 Crore, Net Loss Narrows Sequentially to ₹14.25 Crore

Shoppers Stop Limited, one of India's leading retail chains, has released its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company demonstrated top-line revenue growth across both standalone and consolidated operations compared to the previous quarter and the corresponding period of the previous year.

Executive Financial Performance

Consolidated Operations

For the quarter ended June 30, 2026, Shoppers Stop recorded a consolidated revenue from operations of ₹1,291.41 crore, reflecting an 11.22% year-on-year (YoY) growth compared to ₹1,161.08 crore in Q1 FY26. Sequentially, operational revenue grew by 6.75% from ₹1,209.79 crore in Q4 FY26.

Total consolidated income stood at ₹1,296.83 crore for Q1 FY27, compared to ₹1,171.15 crore in Q1 FY26 and ₹1,218.42 crore in Q4 FY26.

The company reported a consolidated net loss after tax of ₹14.25 crore for the quarter under review. This marks a sequential improvement and loss reduction from the net loss of ₹16.35 crore recorded in Q4 FY26, as well as a marginal improvement over the net loss of ₹15.74 crore reported in Q1 FY26.

Consolidated loss before tax (PBT) came in at ₹19.03 crore for Q1 FY27, narrowing from ₹24.87 crore in Q4 FY26 and ₹20.91 crore in Q1 FY26.

Standalone Operations

On a standalone basis, revenue from operations reached ₹1,185.38 crore in Q1 FY27, up 8.33% YoY from ₹1,094.19 crore in Q1 FY26 and up 6.09% sequentially from ₹1,117.32 crore in Q4 FY26. Total standalone income reached ₹1,190.50 crore.

Standalone net loss after tax for Q1 FY27 stood at ₹16.71 crore, improving from a net loss of ₹18.28 crore in Q4 FY26 and a net loss of ₹17.89 crore in Q1 FY26. Standalone loss before tax was ₹22.25 crore for the quarter.

Expense Breakdown & Key Cost Drivers

Total consolidated expenses for the quarter ended June 30, 2026, stood at ₹1,315.86 crore, compared to ₹1,192.06 crore in Q1 FY26 and ₹1,241.99 crore in Q4 FY26. The primary line items contributing to total costs include:

Purchases of Stock-in-Trade: Consolidated purchases grew to ₹764.87 crore in Q1 FY27 (Standalone: ₹676.67 crore), compared to ₹620.58 crore in Q1 FY26.

Changes in Inventories: Recorded at ₹17.95 crore for consolidated operations (Standalone: ₹33.38 crore).

Employee Benefits Expense: Stood at ₹117.60 crore on a consolidated basis (Standalone: ₹109.55 crore), up from ₹108.68 crore in CPLY.

Finance Costs: Consolidated finance costs were ₹73.77 crore (Standalone: ₹72.01 crore), maintaining stability against ₹73.15 crore in Q1 FY26.

Depreciation and Amortisation: Stood at ₹138.03 crore on a consolidated level (Standalone: ₹135.72 crore).

Other Expenses: Totaled ₹203.64 crore for consolidated operations (Standalone: ₹185.42 crore).

Tax Expenses & Comprehensive Income

For the quarter ended June 30, 2026, total consolidated tax expenses comprised a current tax of ₹0.78 crore and a deferred tax credit of ₹(5.56) crore, resulting in a net tax credit of ₹(4.78) crore. On a standalone basis, total tax credit stood at ₹(5.54) crore.

Total comprehensive loss for the period attributable to owners of the company on a consolidated basis was ₹14.08 crore, after adjusting for other comprehensive income of ₹0.17 crore (net of tax).

Capital & Earnings Per Share

Paid-Up Equity Share Capital: Remained unchanged at ₹55.06 crore, consisting of equity shares with a face value of ₹5 each.

Basic & Diluted Earnings Per Share (EPS): Consolidated basic and diluted EPS for Q1 FY27 came in at ₹(1.29) per share (not annualised), compared to ₹(1.49) in Q4 FY26 and ₹(1.43) in Q1 FY26. Standalone basic and diluted EPS stood at ₹(1.52) per share.

Shares of Shoppers Stop Limited was last trading in BSE at Rs. 376.40 as compared to the previous close of Rs. 385.30. The total number of shares traded during the day was 3849 in over 425 trades.

The stock hit an intraday high of Rs. 385.45 and intraday low of 371.50. The net turnover during the day was Rs. 1465112.00.

Source : Equity Bulls

Keywords

ShoppersStop INE498B01024 DepartmentStores Q1FY27 Q1FY2027 ResultUpdate