Department Stores company Shoppers Stop announced Q1FY27 results Standalone Financial Highlights: Revenue from Operations for Q1FY27 stood at Rs 1,185.38 crore, representing a growth of 8.33% compared to Rs 1,094.19 crore in Q1FY26 and an increase of 6.09% compared to Rs 1,117.32 crore in Q4FY26. Total Income for the quarter Q1FY27 was Rs 1,190.50 crore, reflecting an increase of 7.81% from Rs 1,104.22 crore in Q1FY26 and a 5.74% rise from Rs 1,125.89 crore in Q4FY26. Other Income for Q1FY27 was Rs 5.12 crore, which decreased by 48.95% YoY from Rs 10.03 crore in Q1FY26 and 40.26% QoQ from Rs 8.57 crore in Q4FY26. The company reported a Net Loss of Rs 16.71 crore for Q1FY27, compared to a Net Loss of Rs 17.89 crore in Q1FY26 and a Net Loss of Rs 18.28 crore in Q4FY26. Profit/(Loss) before tax for Q1FY27 was a loss of Rs 22.25 crore, compared to a loss of Rs 23.83 crore in Q1FY26 and Rs 27.63 crore in Q4FY26. Total Comprehensive Loss for Q1FY27 was Rs 16.54 crore, against a loss of Rs 18.19 crore in Q1FY26 and Rs 18.55 crore in Q4FY26. Basic and Diluted Earnings Per Share (EPS) for Q1FY27 stood at Rs (1.52) compared to Rs (1.63) in Q1FY26 and Rs (1.66) in Q4FY26. Consolidated Financial Highlights: Revenue from Operations for Q1FY27 was Rs 1,291.41 crore, an increase of 11.22% compared to Rs 1,161.08 crore in Q1FY26 and a 6.75% increase compared to Rs 1,209.79 crore in Q4FY26. Total Income for the quarter Q1FY27 reached Rs 1,296.83 crore, up by 10.73% YoY from Rs 1,171.15 crore in Q1FY26 and 6.44% QoQ from Rs 1,218.42 crore in Q4FY26. Other Income for Q1FY27 was Rs 5.42 crore, down by 46.18% YoY from Rs 10.07 crore in Q1FY26 and 37.20% QoQ from Rs 8.63 crore in Q4FY26. The group reported a Net Loss of Rs 14.25 crore in Q1FY27, narrowing from a Net Loss of Rs 15.74 crore in Q1FY26 and a Net Loss of Rs 16.35 crore in Q4FY26. Consolidated Profit/(Loss) before tax for Q1FY27 was a loss of Rs 19.03 crore, narrowing from a loss of Rs 20.91 crore in Q1FY26 and Rs 24.87 crore in Q4FY26. Total Comprehensive Loss for Q1FY27 was Rs 14.08 crore, compared to a loss of Rs 16.04 crore in Q1FY26 and Rs 16.63 crore in Q4FY26. Basic and Diluted Earnings Per Share (EPS) for Q1FY27 was Rs (1.29) as compared to Rs (1.43) in Q1FY26 and Rs (1.49) in Q4FY26. Business Highlights: The company is primarily engaged in a single reporting segment, which is the business of retail trade through retail and departmental store facilities in India. Pursuant to a retrospective levy of service tax on renting of immovable properties (for the period June 01, 2007, to March 31, 2010), the company has challenged the levy. Pending final disposal by the Supreme Court, the company has not provided for the retrospective levy aggregating Rs 16.60 crore in standalone results and Rs 20.11 crore in consolidated results. During Q1FY27, the company granted 1,49,772 Employee Stock Options (ESOPs) and 74,886 Restricted Stock Units to eligible employees under the ESOP Scheme 2022. During the quarter Q1FY27, 7,417 employee stock options were exercised. Consolidated results for the quarter include the parent company Shoppers Stop Limited and its four subsidiaries: Gateway Multichannel Retail (India) Limited, Shopper's Stop Brands (India) Limited, Shopper's Stop.com (India) Limited, and Global SS Beauty Brands Limited. Kavindra Mishra, MD & CEO, Shoppers Stop, said: “We are pleased to report a strong start to FY27 with our Non-GAAP Consolidated revenue up 10% YoY to Rs 1,536 crore; EBITDA up 40% YoY and PAT turning positive at Rs 5 crore as compared to a loss of Rs 4 crore in Q1FY26. Department store revenue grew by 6% LFL. Customer entry grew by 3% LFL, growing for 5 consecutive quarters, reflecting stronger engagement, high service standards and elevated experience. ATV +10% is a clear testament to our premiumisation strategy. “India Weds with Shoppers Stop”, “The Travel Edit”, “Get Spotlight Ready” with HYBE India and “Beauty and Accessories fest” helped drive stronger customer connect and business growth. We remain focused on strengthening Shoppers Stop’s aspirational positioning and expanding in key markets. Demand has sustained through Q1, and better supply chain visibility gives us confidence ahead of the festive season. We remain committed to inventory discipline, operational rigor, prudent capital deployment and becoming debt-free by FY27.” Result PDF