Shoppers Stop Ltd News
Shoppers Stop Q2 results: Net loss at Rs 20.59 crore on sluggish demand
The department store chain saw subdued demand during the second quarter due to fewer wedding dates, extended rains and overall weak discretionary spending, its CEO Kavindra Mishra said
 "Shoppers Stop Q2 results: Net loss at Rs 20.59 crore on sluggish demand")
Shoppers Stop stock price falls 6% on weak June quarter results
The fall in the stock price came on the back of weak earnings in the June quarter of financial year 2025 (Q1FY25).
 "Shoppers Stop stock price falls 6% on weak June quarter results")
Retail chain Shoppers Stop posts net loss of Rs 22.72 cr in first quarter
Retail chain Shoppers Stop Ltd on Thursday reported a consolidated net loss of Rs 22.72 crore in the June 2024 quarter, hit by subdued consumption due to prolonged heat waves, elections and inflation. The company posted a consolidated net profit of Rs 14.49 crore in the corresponding period last fiscal, Shoppers Stop said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 1,069.31 crore as against Rs 993.61 crore in the year-ago period, it added. Total expenses were higher at Rs 1,104.51 crore in the first quarter compared to Rs 980.92 crore in the same period last fiscal, the company said. "The industry witnessed subdued consumption due to prolonged heat waves, elections, fewer weddings and inflation... This has impacted our profits, however, we have a strong recovery plan," Shoppers Stop Managing Director and CEO Kavindra Mishra said. Some of the recovery plans include continuous focus on premiumisation, investment in marketing t
 "Retail chain Shoppers Stop posts net loss of Rs 22.72 cr in first quarter")
CDSL, KPIL, Brigade: 4 midcap stocks that can fall over 14% from here
The key momentum oscillators of these four NSE smallcap stocks are showing a negative divergence; hence these stocks are likely to trade with a downward bias in the near term.
 "CDSL, KPIL, Brigade: 4 midcap stocks that can fall over 14% from here")
