Leading retail group Shoppers Stop today said its consolidated net profit for the quarter ended December 31, declined by 45.10 per cent to Rs 45.84 lakh.
The company had a net profit of Rs 83.50 lakh for the same quarter in FY 2008, Shoppers Stop said in a filing to the Bombay Stock Exchange.
Total income of the company rose to Rs 353.67 crore for the quarter under review, against Rs 310.39 crore in the same quarter last year.
For the nine months ended December 31, the company has posted a consolidated net loss of Rs 39.16 crore, while it had a net profit of Rs 3.03 crore in the same period last year.
