Shoppers Stop Reports Q1 FY2026 Unaudited Financial Results; Net Loss Recorded
Shoppers Stop Limited has released its un-audited financial results for the quarter ending June 30, 2026. The company reported a net loss in both its standalone and consolidated statements.The full financial results have been reviewed by the statutory auditors.
Quarterly Performance Snapshot (Q1 FY2026)
For the quarter ended June 30, 2026, Shoppers Stop Limited registered revenue from operations of 1,185.38 Crores in its standalone segment. Total income stood at 1,190.50 Crores against total expenses of 1,212.75 Crores. The company recorded a net profit loss of (16.71) Crores for the period.The consolidated results showed revenue from operations reaching 1,291.41 Crores, with total income at 1,296.83 Crores and total expenses amounting to 1,315.86 Crores. The group reported a net profit loss of (14.25) Crores for the quarter.
Key financial data from the standalone and consolidated segments is presented in the table below:
| Particulars | Qended 30 June 2026 (Standalone) (Rupees in Crores) | Qended 30 June 2025 (Standalone) (Rupees in Crores) | Qended 30 June 2026 (Consolidated) (Rupees in Crores) | Qended 30 June 2025 (Consolidated) (Rupees in Crores) |
|---|---|---|---|---|
| Revenue from Operations | 1,185.38 | 1,094.19 | 1,291.41 | 1,161.08 |
| Total Income | 1,190.50 | 1,104.22 | 1,296.83 | 1,171.15 |
| Total Expenses | 1,212.75 | 1,128.05 | 1,315.86 | 1,192.06 |
| Net Profit/(Loss) for the period attributable to Owners of the Company | (16.71) | (17.89) | (14.25) | (15.74) |
Focus on Costs and Exceptional Items
The company noted that the financial results include exceptional items, specifically a provision for impairment of property, plant and equipment amounting to 1.30 crore for both the standalone and consolidated figures in the current quarter. Furthermore, the financial results incorporate an item related to the impact of a new labour code, totaling 17.69 crores for the financial year ended March 2026.Management noted that the company continues not to provision for the retrospective levy of service tax on renting immovable properties given for commercial use, which aggregates Rs 20.11 crores in consolidated results and Rs 16.60 crores in standalone results. This non-provisioning is based on a legal advice as the matter is pending final disposal before the Supreme Court of India.
Shoppers Stop Limited is primarily engaged in retail trade through its various store facilities, constituting a single reporting segment under Ind AS 108 on Operating Segments. The consolidated figures include parent company Shoppers Stop Limited and subsidiaries such as Gateway Multichannel Retail (India) Limited, Shopper's Stop Brands (India) Limited, Global SS Beauty Brands Limited, and Shopper's Stop.com (India) Limited.
The results were reviewed and approved by the Board of Directors. During the quarter, 7,417 employee stock options were exercised.
SHOPERSTOP Stock Price Movement
Shoppers Stop Limited shares slipped by 0.35% to settle at ₹375.70 on Wednesday, shedding ₹1.35 from the previous close. The stock traded a volume of 71,168 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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