Baazar Style Retail Limited has informed the Exchange about General Updates
STYLEBAAZA · price
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Awaiting price reaction for this filing.
Baazar Style Retail reported standalone revenue of Rs 4,665 Mn in Q3 FY26, up 13% year-on-year, and Rs 13,760 Mn for the nine-month period, a strong 38% jump that beat the company's own earlier guidance of 30% growth. Same-store sales growth (SSSG) for the quarter was -14%, but this was largely due to the Durga Puja festive season falling in September 2025 instead of October 2024, which pulled sales into the previous quarter; on a calendar-year basis, SSSG was a healthy 5%. The company added 45 new stores in 9M FY26 (net 38 after closures), taking the total to 252 stores, a 27% increase, while rental area expanded 30%. Sales per square foot stood at Rs 745/month for 9M FY26, up 1% year-on-year, though down 15% in the quarter.
Positive for shareholders: the company beat its own revenue growth guidance, expanded its store network sharply, and showed resilience outside its core West Bengal/Assam/Tripura markets. However, weak Q3 same-store sales and concentration risks in the home markets (heavy rains, unrest) are points to watch.