Department stores and malls
K Raheja Corp
In Q1 FY27, Shoppers Stop reported revenue +11.2% year on year, and a net loss of ₹14.25 cr.
Revenue growth by business
Figures as each company's report states them; ↗ opens the report. Only the same period is compared.
Each point is a figure its report states; tap a point to open the report.
What moved, biggest first
IHG’s Powai openings show that brand-led expansion remains strong, but operators will need to accept more owner-friendly contract terms to secure growth in India.
Reported: K Raheja Group, IHG to open Voco and Holiday Inn Express properties in Powai
ET Small Business
Buying the Prozone centres gives Inorbit immediate entry into Coimbatore and Chhatrapati Sambhaji Nagar while accelerating portfolio growth through established assets.
Reported: Inorbit Malls acquires Prozone centres in Coimbatore and Chhatrapati Sambhaji Nagar
ET Retail
Global SS Beauty Brands, Shoppers Stop's distribution arm, handles 55–60 brands.
Reported:
Fortune India
Shoppers Stop’s 15-quarter transaction-value streak suggests its assortment, personalisation and First Citizen data engine are working, making loyalty-led cross-channel conversion and basket expansion the priority for store teams.
Reported: Shoppers Stop says stronger assortments, hyper-personalisation and technology have lifted average transaction value quarter on quarter for 15 consecutive quarters. Its First Citizen loyalty base has reached 13.5 million members across a 120-store network in 70 cities.
ET BrandEquity
The awards reinforce that Indian retail leaders are differentiating through experiential formats, consumer engagement, campaign execution and CSR rather than location or assortment alone.
Reported: Inorbit, Phoenix, LuLu, Tata CLiQ Luxury and Max Fashion win ETRetail FAME Awards 2026
ET Retail
Key numbers, latest reported season
| Business | Period | Revenue growth | Net profit |
|---|---|---|---|
| Shoppers Stop | Q1 FY27 | +11.2% | Loss ₹14.25 cr |
Year on year, as each business's own reports state it; each figure links to its report. Net profit growth, or the loss.
Businesses and brands
Shoppers Stop 10 reports in 90 days
Inorbit Malls 2 reports in 90 days
Group level: K Raheja Group.
Who owns what: krahejacorp.com, the group's own site, and the companies' filings. Brands with no reports in the last 90 days are not listed.