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Shoppers Stop turns profitable in Q2 FY27 as consolidated revenue rises 7% to Rs 1,618 crore
Our read
Shoppers Stop will more likely than not report net debt cleared by the end of Q3 FY27, with profit still thin.
For operators
Shoppers Stop grew consolidated revenue 7% to Rs 1,618 crore in Q2 FY27 with EBITDA up 56% and seven new stores, so rival department-store and beauty chains compete with a retailer that is expanding while cutting debt.
Watch
Net debt reduction past the ₹82 crore achieved in Q2, by the Q3 FY27 results, would mean the debt-free pledge is on track and interest costs keep falling.
The report,
Shoppers Stop reported Q2 FY27 consolidated non-GAAP revenue up 7 per cent to Rs 1,618 crore and a non-GAAP PAT of Rs 6 crore against a Rs 7 crore loss a year earlier. It opened seven stores and expects to be debt-free by end of Q3 FY27.
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Reported figures
From the report. Source details below
| Q2 FY27 non-GAAP EBITDA growth: | 56 per cent |
|---|---|
| Net debt reduction in quarter: | Rs 82 crore |
What to watch next
- Consolidated PAT above Q2's ₹6 crore in the Q3 FY27 results
- Department store sales against Q2's ₹1,302 crore
- Beauty revenue against Q2's ₹367 crore
- Store openings beyond the seven added in Q2