Shoppers Stop reports Q1 net profit of Rs 9.77 crore
Updated : July 27, 2018 02:55 PM IST
Retail chain Shoppers Stop on Friday reported a net profit of Rs 9.77 crore for the quarter ended June 30, 2018, as against a net loss of Rs 3.71 crore in the corresponding quarter a year ago.
Total income during the quarter under review stood at Rs 833.72 crore. It was Rs 946.44 crore in the year-ago period, Shoppers Stop said in a BSE filing.
The company said revenue for the quarter ended June 30, 2017, is strictly not comparable with the quarter ended June 30, 2018, due to change in accounting methods.