Shoppers Stop Q4 Results

The FY21 cut was prompted by indications that the June quarter has been a complete wash out and the outlook in the coming quarters will be weak given the economic downturn

Revenue from operations declined to Rs 724.38 crore during the period under review from Rs 812.65 crore in the same period of 2018-19

On a full-year basis (FY18), cost control initiatives helped the company improve margins to 5.9 per cent, which is 60 basis points higher than FY17