Shoppers Stop Stock Surges 12% Despite Reporting Q4 Loss
Shoppers Stop stock jumps 12% despite Q4 loss of ₹17 cr; revenue up 14%
Business StandardImage: Business Standard
Shoppers Stop, a leading department store chain in India, saw its stock price increase by 12% to reach an intraday high of ₹331.20 following the announcement of its Q4FY26 results. Despite reporting a consolidated loss of ₹17 crore, the company achieved a 14% year-on-year revenue growth, indicating resilience amid market challenges.
- 01Shoppers Stop's stock rose by 12% to ₹331.20 after Q4 results.
- 02The company reported a consolidated loss of ₹17 crore for Q4FY26.
- 03Revenue increased by 14% year-on-year, reaching ₹1,210 crore.
- 04Premium brands accounted for 71% of total sales during the quarter.
- 05Management remains optimistic about the demand scenario despite supply chain challenges.
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Shares of Shoppers Stop, a prominent department store chain in India, surged by 12% to an intraday high of ₹331.20 on the National Stock Exchange (NSE) following the release of its Q4FY26 financial results. The stock was trading at ₹323, reflecting a 9.2% increase from the previous close of ₹295.75. Despite reporting a consolidated loss of ₹17 crore compared to a profit of ₹2 crore in the same quarter last year, the company achieved a 14% year-on-year revenue growth, amounting to ₹1,210 crore. The earnings before interest, tax, depreciation, and amortisation (EBITDA) also showed a slight increase to ₹193 crore, up 2% from ₹188 crore in the previous year. During the quarter, Shoppers Stop launched nine new stores, including four department stores and one HomeStop store, with a capital investment of ₹25 crore. Premium brands contributed significantly, accounting for 71% of total sales, while the beauty segment saw a 17% increase in sales, reaching ₹309 crore. CEO Kavindra Mishra expressed optimism about the company's performance amid global uncertainties and supply chain disruptions, highlighting a strong demand in the Indian fashion market.
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The increase in Shoppers Stop's stock price may boost investor confidence and potentially lead to increased capital for expansion and operations, which could benefit employees and suppliers.
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