Company says that standalone revenue from operations posted a growth of 13 per cent YoY to Rs 466.5 crore in the third quarter of the current financial year (Q3FY26)
Baazar Style Retail or BSRL, a value fashion retailer in eastern India, has reported a 38 per cent year-on-year (YoY) increase in its standalone revenue from operations for the nine months ended December 2025 (9MFY26), surpassing its earlier guidance of 30 per cent growth.
Sharing its business update, the company noted that standalone revenue from operations posted a growth of 13 per cent YoY to Rs 466.5 crore in the third quarter of the current financial year (Q3FY26). Sales Per Square Feet (PSF) stood at Rs 745 per month in 9MFY26 and Rs 704 per month in Q3FY26.
During 9MFY26, the company added 45 new stores and closed seven stores, taking its total store count to 252, a healthy 27 per cent YoY growth. Preponement of festive sales (Durga Puja in September 2025 as against October 2024) impacted the same-store-sales-growth (SSSG) in Q3FY26. The CY25 SSSG neutralises the effects of festive shifts between different quarters, the company said in a regulatory filing.
“Our strategic approach of cluster-based store expansion influenced SSSG performance, as incremental stores were added within established clusters. However, the rapid ramp-up of new stores significantly enhanced overall cluster productivity, enabling higher throughput and improved operating leverage,” the company pointed out.
Heavy rainfall in West Bengal and unrest in parts of Assam and Tripura during peak festive sales impacted SSSG in 9MFY26. States other than West Bengal, Assam and Tripura continued to deliver healthy growth, with SSSG remaining resilient at 8 per cent in 9MFY26. The company highlighted that it remains confident in its ability to sustain momentum and deliver long-term value through operational excellence, strategic expansion and customer-centric initiatives
