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Earnings

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.
Shoppers Stop reports Q1 net profit of Rs 9.77 crore
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