Please find attached disclosure
SHOPERSTOP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shoppers Stop Limited reported FY2026 consolidated loss of Rs 36.09 Crores on revenue of Rs 5,043.32 Crores versus profit of Rs 10.89 Crores on revenue of Rs 4,681.76 Crores in FY2025. Standalone loss was Rs 46.24 Crores on revenue of Rs 4,707.67 Crores. The company saw revenue growth of approximately 8% year-on-year but faced significantly higher costs with finance costs at Rs 289.46 Crores and depreciation at Rs 540.70 Crores. The Board approved Rs 40 Crores additional investment in Global SS Beauty Brands Limited (wholly-owned material subsidiary) via rights issue of 4,000 preference shares. Mr. Arun Sirdeshmukh was re-appointed as Independent Director for another 5-year term, and PwC LLP was reappointed as internal auditors. Three KMPs (MD, CFO, and CS) were authorized to determine materiality of events for disclosure purposes. Auditors issued unmodified opinion. A service tax dispute of Rs 20.11 Crores remains pending before the Supreme Court.
The company swung to significant losses despite revenue growth, indicating cost pressures from high debt and lease obligations. Shareholders should note the ongoing turnaround challenges and monitor if the beauty retail expansion strategy delivers improved profitability.