Shoppers Stop Q3 Results: Profit rises 41% to Rs 52 crore on festive season demand for premium goods

1 month ago 16

The Economic TimesET Markets

Shoppers Stop Q3 Results: Profit rises 41% to Rs 52 crore connected festive play request for premium goods

ReutersLast Updated: Jan 14, 2025, 07:41:00 PM IST

Synopsis

Shoppers Stop Q3 Results: India's Shoppers Stop Ltd reported a important emergence successful quarterly nett aft 2 consecutive quarters of loss. This maturation was driven by beardown request for premium products specified arsenic watches and perfumes during the festive season. The section store concatenation saw an 11% emergence successful gross from operations. Premium merchandise categories contributed to 64% of wide revenue.

 Profit rises 41% to Rs 52. crore connected  festive play   request  for premium goodsETMarkets.comIndia's Shoppers Stop Ltd saw a notable emergence successful quarterly profit, driven by accrued request for premium products during the festive season. The institution reported a 41% summation successful nett net for the 3rd quarter, with important contributions from luxury brands.

India's Shoppers Stop Ltd posted a emergence successful quarterly nett connected Tuesday, aft 2 consecutive quarters of loss, driven by beardown request for premium products specified arsenic watches and perfumes dur...