Shoppers Stop Limited has informed the Exchange regarding Outcome of Board Meeting held on May 05, 2026.
SHOPERSTOP · price
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Shoppers Stop Limited reported audited financial results for Q4 and FY26 ended March 31, 2026. Consolidated revenue from operations grew to Rs 5,043.32 Crores compared to Rs 4,627.64 Crores in FY25, but the company posted a consolidated net loss of Rs 36.09 Crores versus profit of Rs 10.89 Crores in the prior year. Standalone revenue was Rs 4,707.67 Crores with a net loss of Rs 46.24 Crores. The Board also approved re-appointment of Mr. Arun Sirdeshmukh as Independent Director for another 5-year term and reappointed PricewaterhouseCoopers LLP as Internal Auditors for one year. Additionally, the company approved investing up to Rs 40 Crores in its wholly-owned subsidiary Global SS Beauty Brands Limited through a rights issue of preference shares. Auditors issued an unmodified opinion on the financial results.
The company swung to a net loss in FY26 despite revenue growth, indicating pressure on profitability likely due to higher costs. The additional investment in the beauty subsidiary signals continued expansion focus in that vertical. The loss-making result may weigh on near-term stock sentiment despite positive revenue trajectory.