>>
Home / Knowledge / News / Apparel/Garments / Shoppers Stop earns Rs 910.2 crore revenue in Q417
Shoppers Stop earns Rs 910.2 crore revenue in Q417
08
May '17
Shoppers Stop, India's prominent retail group has earned a revenue from operations of Rs 910.2 crore in the fourth quarter of fiscal 2017, recording a 3 per cent rise as compared to the revenue of Rs 882.4 crore in Q4 FY16. The company reported total revenue of Rs 3648 crore for the year ended FY17, a rise of 9 per cent as compared to Rs 3354.8 core in FY16.

Shoppers Stop witnessed a net loss of Rs 36.06 crore on standalone basis in Q4 FY17 due to onetime provision for investment impairment considered for Hypercity for Rs 36 crore and NGIPL for Rs 11.8 crore in Q4.

EBIDTA of the retail group was at Rs 58.3 crore, recording a growth of 2.1 per cent over Q$ FY16. It also expanded its membership base by adding 112,407 new members to the First Citizen Loyalty Programme in Q4 FY17. The program now has a total First Citizen base of 4.7 million members.

"This year has been disruptive on several fronts, as we have seen a lot of changes in global politics and domestic economic policies such as demonetisation. On the back of these headwinds, FY17 has seen a softer growth of 9 per cent. We are very positive about FY18 as we have a slew of exciting actions to bring Romance back to Retail. We will also see our investments in Omni-channel, digitisation of stores and our e-commerce push bear fruit in the coming year," said Govind Shrikhande, customer care associate & managing director of Shoppers Stop.

Shoppers Stop currently has close to 80 stores, including 6 airport stores in 38 cities. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

L-R: Rebekah Chapman - Kalopsia, Lorna Slater - Minister for the Circular Economy and Iain Gulland - Zero Waste Scotland. Pic: Zero Waste Scotland

Textiles | On 25th Jun 2022

Scotland launches £2 mn fund to cut environmental impact of textiles

Zero Waste Scotland and the Scottish Government have launched a new...

Pic: Shutterstock

Textiles | On 25th Jun 2022

USD exchange rate falls by Tk8.15 in less than 11 months in Bangladesh

The US dollar exchange rate appreciated by Tk8.15 in less than 11...

Pic: Dong Nhat Huy/Shutterstock

Textiles | On 25th Jun 2022

FDI into Vietnam rebound in May, 2022 GDP growth forecast at 6.5%: UOB

Foreign direct investment (FDI) inflows into Vietnam rebounded in May ...

Interviews View All

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Aashumi Mahajan,

Aashumi Mahajan

The Luxe Maison is a premiere haute couture e-boutique established after...

Kavindra Mishra,

Kavindra Mishra

In the year 2015, AND Designs India Limited re-branded itself as House of...

Danielle Statham,

Danielle Statham

<font face="Work Sans"><span style="font-size: 16px;">Twenty-five years...

Shujaul Rehman, Garware Technical Fibres

Shujaul Rehman
Garware Technical Fibres

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Robert Brookins, Alexium International

Robert Brookins
Alexium International

Alexium International is a specialty chemical development company...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Meghana Goyal, Label - Summer Somewhere

Meghana Goyal
Label - Summer Somewhere

Summer Somewhere is a conscious clothing brand designed for every girl in...

Esther Knight, Label - Fanfare

Esther Knight
Label - Fanfare

Fanfare Label is a UK-based circular clothing brand changing the way...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

BTSR International S.P.A.
KIABI
Tradewind International Servicing
Messe Duesseldorf
Hela Clothing Pvt Ltd
Rieter India Private Limited
KAS Direct Sourcing
The LYCRA Company Singapore  Pte. Ltd
Tuyap Tum Fuarcilik Yapim A.S.
Color Service s.r.l.
Applied DNA Sciences Inc
Meera Dyestuff Industries
Alix Partners
GERBER TECHNOLOGY LTD.
PVH Corporation
GHCL LIMITED
Puma
Italian Trade Commission
Lifestyle
LC Waikiki
Mayer & Cie. GmbH & Co. KG
Haelixa AG
Datacolor AG Europe
Lectra Technologies India Pvt Ltd.
EMBEE CORPORATION
Itema Weaving (India) Private Limited
SHAHI Exports Pvt Ltd
G-Star Raw C.V.
Benetton Group
China World International Exhibition Company Limited
Page Industries Limited (Bangalore)
Gokaldas Exports Limited
Chico’ FAS
Lisa S.P.A.
Sportswear Company Spa
Asos
Phong Phu international JSC (PPJ)
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
BIMBA ;& LOLA SL
Midas Clothing Limited
IIGM Private Limited
Gloria Jeans
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Aleph Srl
Landmark Group
Indofil Industries Limited - Specialty & Performance Chemicals Division
Marzoli Machines Textile s.r.l.
MAS Active / MAS Kreeda / MAS Bodyline
X-Rite Asia Pacific Limited (HK)
J ;& P Coats
Abit
JES MEDIA, INC
Babyshop
FULGAR SpA
Target Corporation (MN)
Zünd Systemtechnik AG
Karl Mayer Textilmaschinenfabrik GmbH
Groz-Beckert East Asia LLP
BRINKMANN GMBH
Dow Silicones Corporation
ZAITEX spa
Helly Hansen Far East Ltd
COTTON COUNCIL INTERNATIONAL
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Thai Trade Center
Inter Expo Center Ltd.
Woolmark Services India Pvt. Ltd.
Lenzing Aktiengesellschaft
Etam Group Strategy Hong Kong Limited
Reiter India Private Limited
International Textile Manufacturers Federation
Seasalt Limited
TÜYAP IHTISAS FUARLARI A.S.
Palexpo SA
Stahl Holdings B.V.,
Thai Acrylic Fibre Company Limited
Sportmaster Ltd.
Amazon China
Esprit Europe Services GmbH
Maceton Limited
Bluesign Technologies Ag
Sateri (Jiujiang) Fiber Co.,Ltd
Cat Tuong Real Estate Group Joint Stock Company
H. Stoll AG & Company KG
GIOVANNI BOZZETTO S.p.A.
Lenzing Aktiengesellschaft - India
EPCH
Shima Seiki Mfg. Ltd.
Chori Company Limited
Messe Frankfurt Exhibition GmbH
TESCO INTERNATIONAL SOURCING LIMITED
T.T. Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
N9 World Technologies Private Limited
The Top Form Brassiere Manufacturing Company Limited
John Varvatos
Newtech Textile Technology Development (Shanghai) Company Limited
Lululemon Athletica Inc
Copenhagen Fashion Summit
G.A.S. unternehmenskommunikation gmbh
Nandan Denim Limited
Tory Burch Hong Kong Ltd
Xtema - Thomas Lebherz Textilmaschinen
TEXVALLEY MARKET LIMITED
Walmart
Truetzschler India Private Limited
K AND D ITMACH EXPOSITIONS LLP
CGS Inc.
C;&A Sourcing International Ltd
Brückner Trockentechnik GmbH & Co. KG
Varner AS Retail
Performance Days
Coats Digital Limited
NV Michel Van de Wiele
FESPA (Reigate)
IDH – The Sustainable Trade Initiative
Hirdaramani International Export Private Limited
Decathlon
Shanghai  Aige Exhibition Service Co., Ltd
Splash
USTER
Gatsby Africa
Aquarelle Clothing Limited
IKEA of Sweden AB
Weitmann & Konrad GmbH & Co. KG
Istanbul Fuarcilik A.S.
Zydex Industries
Rayonese Textile Inc., Division de Culp Inc.
Lacoste (Wanchai)
DyStar India Pvt. Ltd
Comasia Limited
Brandix Lanka Limited
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Bluestem Global Sourcing Limited
IFF Media Ag - International Media Services
Guess Europe Sagl,
NITI Aayog
Eurofins BLC Leather Technology Centre Ltd
Jiangsu Yingyang Nonwoven Machinery Company Limited
Recron Polyester from Reliance Industries Limited
Indo Tex
International Sourcing Expo Australia
Alison Hayes Romania
BIANCA
Savio Macchine Tessili S.P.A.
Eastman Chemical Company
Flainox S.r.l.
Huntsman (Singapore) Pte Ltd
THE BOMBAY DYEING ;& MFG.CO. LTD
OVS Hong Kong Sourcing Ltd.
Sainsbury's Argos Asia Limited
Vianney Textil Hogar S.A. De C.V.
Infor (Hong Kong) Limited
The LYCRA Company Singapore  Pte. Ltd
Boardriders Asia Sourcing Limited
VNU Exhibitions Asia
SYNERGIES HONG KONG LIMITED
Nihalani Events Management
Aramark Uniform ;& Career Apparel, LLC
H;&M Hennes ;& Mauritz (Far East) Ltd
Datatex Consulting Srl
ITMA Services Pte Ltd
Jindal Worldwide Limited
Pt. Peraga Nusantara Jaya Sakti
Vardhman Textile Ltd
Desigual - ABASIC, S.A.
Thermore (Far East) Ltd.
Saurer Textile Solutions Pvt. Ltd.
Officina Meccanica Dora Enrico Srl
Rosset ;& Cia Limited
Calvin Klein
EUROVET ASIA LTD
Under Armour Global Sourcing Ltd
CSGIA(China Screen Printing & Graphic Imaging Association)
Restoque S.A.
Tchibo GmbH
Gap International Sourcing Limited
Mesdan SPA
Lottmann Communications
DuPont de Nemours, Inc.,
BTC Textiles LLC
Kern – Liebers Textile
TESTEX AG, Swiss Textile Testing Institute
Tommy Hilfiger
Kornit Digital Asia Pacific Ltd
Equinox Impex India
Permoda(Koaj/Armi/Pronto/Bkul)
Grasim Industries Limited
Colours India Inc
Taiwan Textile Federation (TTF)
Groz-Beckert KG
Recron Polyester from Reliance Industries Limited
APLF Limited
UBM China (Shanghai)
Arvind Limited
Centric Software
Green Fibre
Loris Bellini S.r.l.

June 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search