Shoppers Stop narrows Q1 loss as beauty, premium sales and new stores lift growth

Shoppers Stop reported an 11.2% year-on-year rise in standalone revenue to ₹1,291.4 crore and narrowed its net loss to ₹14.3 crore. Beauty sales grew 15%, while the retailer opened eight stores across department stores, beauty and INTUNE.

— Filed Wed, 22 Jul, 2026, 19:10 IST · Source CNBC-TV18 · Companies · Updated

Shoppers Stop narrowed its Q1 FY27 loss as revenue, beauty and premium sales grew. The retailer opened eight stores, reduced inventory and debt, and reported strong growth at beauty distributor GSSBB and value-fashion format INTUNE while targeting debt-free status by FY27.

Why this matters

The Q1 improvement follows Shoppers Stop's ₹109 crore debt repayment toward debt-free status by FY27 and its SSBeauty opening at DLF Mall of India, Noida, showing a simultaneous focus on expansion and balance-sheet improvement.

Retail-company signals are accelerating, up 1,009,100% QoQ.