Shoppers Stop targets debt-free status by FY27 as Q1 revenue climbs 11.2%
Shoppers Stop reported Q1FY27 revenue of ₹1,291 crore and cut gross debt by ₹94 crore year on year to ₹166 crore. Beauty grew 15%, Intune rose 21%, and the retailer opened eight stores while maintaining plans for 9–10 department-store additions annually, funded through internal cash generation.
Shoppers Stop aims to become debt-free by FY27, supported by premiumisation, beauty growth and disciplined inventory. Q1 revenue rose 11.2% to Rs 1,291 crore. It opened eight stores, plans two Swiss watch launches and will fund expansion internally.
Why this matters
The result extends Shoppers Stop’s recent Q1 pattern: revenue rose 11.2%, its consolidated loss narrowed to ₹14.25 crore, and premium, beauty and Intune drove growth.
Retail-company signals are accelerating, up 1,050,500% QoQ.