Home / Knowledge / News / Fashion / Shoppers Stop posts ₹849.6 crore revenue in Q4FY18
Shoppers Stop posts ₹849.6 crore revenue in Q4FY18
May '18
Courtesy: Shoppers Stop
Courtesy: Shoppers Stop
Shoppers Stop Ltd., a pioneer in modern retailing in India, has recorded revenue of ₹849.6 crore from operations in the fourth quarter of fiscal 2018. For full year, revenue from operations touched ₹3,591.5 crore. EBIDTA for the quarter stood at ₹52.8 crore while for full year, it was registered at ₹227.7 crore a growth of 2.5 per cent over FY17.

PBT Before Exceptional item was ₹22.7 crore, a growth of 11.4 per cent over Q4FY17 and it was ₹227.7 crore for fiscal 2018, a growth of 2.5 per cent over FY17.

Driving ahead its successful Loyalty programme, the company continues to expand its membership base adding 1, 49,879 new members to the First Citizen Loyalty Programme in Q4FY18. The programme now has a total First Citizen base of 53.39 lakh members.

"FY18 has been a hallmark year for us. With the aim to sharpen focus on our core department store business and omni-channel strategy, we exited non-core businesses i.e. Hypercity, Timezone and duty-free airport retail joint venture NGIPL. These measures have significantly changed our balance sheet and helped us to deliver greater shareholder value. Our intent to bring the romance back to retail through stronger assortment, experiences and customer service will continue in the year to come," Speaking on the performance, Govind Shrikhande – customer care associate and managing director, Shoppers Stop Ltd, said. (RR)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Global Fashion Agenda

Apparel/Garments | On 23rd Jan 2019

Global Fashion Agenda releases CEO Agenda 2019

Highlighting the urgency of combating climate change, non-profit...

USTR aims for more balanced trade in US-EU trade talks

Textiles | On 23rd Jan 2019

USTR aims for more balanced trade in US-EU trade talks

In negotiations for a trade agreement with the European Union (EU),...

Courtesy: Ayotunde Oguntoyinbo/SMART

Textiles | On 23rd Jan 2019

EU lacks sufficiently stringent regulations: SMART

Despite the European Union (EU) having a wide range of...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Sri Lanka has a good sustainable track record and strong stories to back it

Mukesh Agarwal & Rajesh Agarwal, Madhuram Fincap Pvt Ltd

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Mandeep Nagi, Shades of India

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Sarah Perkins,

Sarah Perkins

Fairfax, Virginia-based Specialty Graphic Imaging Association (SGIA) is a...

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

January 2019

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

news category

Related Categories:

Advanced Search