Shoppers Stop reported a net profit of Rs 62.74 crore for the December 2022 quarter.
Shoppers Stop, a retail chain that sells trendy products including clothing and beauty products, recently released its December quarter financial results. Shoppers Stop reported a net profit of Rs 62.74 crore for the December 2022 quarter. This is 18.86 percent lower than the December 2021 quarter.
Shoppers Stop has generated total operating income of Rs 1,137.07 crore for the December 2022 quarter. This is higher than the December 2021 quarter. In the quarter, Shopper’s Stop earned a total operating income of Rs 958.11 crore. Shoppers Stop’s total expenditure rose to Rs 1,075.66 crore in the December 2022 quarter.
Shoppers Stop opened 6 department stores and 5 beauty stores in the last December quarter alone. At the close of trading on the Mumbai Stock Exchange yesterday, Shoppers Stop was trading at Rs 608.00, up 1.22 per cent from the previous trading day.