The company’s net profit dipped to Rs 1.99 crore in the fourth quarter of the fiscal year 2025 (Q4FY25), as compared to Rs 23.18 crore in Q4FY24
Marking a significant dip in its performance, Shoppers Stop, a retail chain, has recorded a 91.4 per cent decline in its consolidated profit in the fourth quarter of the financial year 2025 (Q4FY25). The company’s net profit crashed to Rs 1.99 crore in Q4FY25, as compared to Rs 23.18 crore in Q4FY24.
The financial results revealed a more severe crash on a sequential basis as the net profit came down from Rs 52.23 crore in the quarter that ended 31 December 2024. However, the revenue from operations marked a 1.68 per cent rise to Rs 1,064 crore in the recently concluded quarter from Rs 1,046.34 crore in Q4FY24. The revenue from operations declined from Rs 1,379.47 crore in Q3FY25.
“Shoppers Stop delivered consistent performance despite continued softness in demand and a challenging macro environment. We achieved four per cent revenue growth with three per cent like-for-like growth (non-GAAP), marking the second consecutive quarter of LFL growth,” highlighted Kavindra Mishra, Managing Director (MD) and Chief Executive Officer (CEO) of Shoppers Stop.
As per the company’s regulatory filing, the total expenses also rose during the quarter to Rs 1,089.76 crore from Rs 1,049.28 crore in the corresponding period of the previous fiscal year (Q4FY24). The net profit for the financial year 2025 stood at Rs 10.89 crore, as compared to Rs 77.25 crore in FY24, registering a significant drop.
Mishra highlighted that the strategy of premiumisation continues to yield strong results, with premium brands contributing 65 per cent of total sales, an uptick of seven per cent YoY. Despite the gradual demand recovery, the company is optimistic due to structural changes like premiumisation, customer engagement campaigns and India’s rising affluence and evolving consumer aspirations.
