SHOPPERS STOP LIMITED

Management reported that Shoppers Stop Limited experienced a 10% growth in consolidated top line for Q1 FY27, with EBITDA increasing by 40% and a positive PAT of Rs 5 crores compared to a loss of Rs 4 crores in the same quarter last year. The company noted a healthy 6% growth in like-for-like sales for departmental stores, driven by a focus on premiumization and experiential retailing. The loyalty program saw significant growth, with 2.4 lakh new members added. The beauty segment also performed well, with a 15% revenue increase, while the INTUNE business showed a positive turnaround with a 21% revenue growth. Management emphasized ongoing efforts in inventory optimization and the use of AI to enhance operational efficiency. The company plans to continue its expansion strategy, aiming to open 9 to 10 departmental stores annually and maintain a disciplined capital allocation approach.

Management highlighted strong growth metrics and positive developments across various business segments.