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SHOPERSTOP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shoppers Stop Limited reported audited financial results for Q4 and FY ended March 2026. Standalone revenue grew 6% to Rs 4,707.67 Cr from Rs 4,435.61 Cr in FY25. However, the company swung to a standalone net loss of Rs 46.24 Cr in FY26 from a profit of Rs 6.74 Cr in FY25. Consolidated revenue rose to Rs 5,043.32 Cr but consolidated net loss stood at Rs 36.09 Cr vs profit of Rs 10.89 Cr in FY25. The Board also approved additional investment of up to Rs 40 Crores in Global SS Beauty Brands Limited (wholly-owned subsidiary engaged in beauty retail) by subscribing to 4,000 preference shares. The company re-appointed Arun Sirdeshmukh as Independent Director for another 5-year term from October 2026, and PwC as internal auditors for FY27. Statutory auditors issued unmodified opinion. An emphasis of matter was noted regarding non-provision of Rs 20.11 Crores service tax liability pending Supreme Court decision.
The company swung from profit to loss in FY26, which is a negative signal for shareholders. Revenue growth was modest at 6% while losses widened significantly. The additional Rs 40 Cr investment in the beauty subsidiary signals continued expansion focus but adds to cash outflows amid financial stress.