Home / Knowledge / News / Retail / Q4FY19 sales at Shoppers Stop climb 6.9%

Q4FY19 sales at Shoppers Stop climb 6.9%

May '19
Pic: Shoppers Stop
Pic: Shoppers Stop
Shoppers Stop Ltd. has reported sales of ₹791.1 crore in fourth quarter of 2019, up by 6.9 per cent y-o-y. Excluding the impact of AS115 and GST, the company's sales growth is 4.7 per cent. EBIDTA for the quarter is ₹64.4 crore, up by 22.1 per cent. The company posted Profit After Tax of ₹11.5 crore in the fourth quarter of financial year 2019.

For FY19, the company reported sales of ₹3481.3 crore, excluding the impact of AS115 and GST, the growth is 6 per cent. The EBITDA for FY19 stood at ₹271.2 crore, up by 19.1 per cent y-o-y. The company posted Profit After Tax of ₹78.8 crore in FY19, (excluding mark to market of investments in FRL) up by 578.7 per cent. During the course of year, the company provided one-off depreciation for ₹32.53 crore, due to one store closure, one store relocation, upgrading stores and re-evaluating the life of the assets in line with the lease period.

"Last year has been a pivotal year in Shoppers Stop which makes the company embark on positive growth and results. We reviewed every aspect of our business and worked aggressively towards strengthening our strategic pillars of First Citizen Members, Personal Shoppers, Exclusive Brands and Beauty. We have made key investments in a new leadership team and are aiming for sustainable and industry leading growth in the years ahead. The keystones of fashion, personalisation and convenience remain at our core. Our commitment to doing what is in the best interest of our customers, associates and shareholders remains our focus," Rajiv Suri, customer care associate, managing director & chief executive officer, Shoppers Stop Ltd. said. (RR)

Fibre2Fashion News Desk – India

Must ReadView All

Pic: Shutterstock

Textiles | On 23rd Sep 2021

Global economic recovery continues but remains uneven: OECD

The global economy is growing far more strongly than anticipated a...

Pic: Shutterstock

Textiles | On 23rd Sep 2021

ADB revises down Cambodia’s growth forecast, sees rebound in 2022

Cambodia’s economy is projected to grow by 1.9 per cent this year...

Pic: Shutterstock

Retail | On 23rd Sep 2021

Prompt action needed to reduce business rates burden on UK retail: BRC

The British Retail Consortium has urged the government to take prompt ...

Interviews View All

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Textile Industry, Head honchos

Textile Industry
Head honchos

The pandemic has reinstated need for organised retail spaces in Tier II...

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Kishina Daruka and Mishika Daruka,

Kishina Daruka and Mishika Daruka

Headquartered in Kolkata, India, sustainable clothing brand Ora was...

Aashumi Mahajan,

Aashumi Mahajan

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

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Silverio Baranzano, Fitesa

Silverio Baranzano

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Seth Casden, Hologenix

Seth Casden

Hologenix is a material sciences company dedicated to developing products...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Anjali Bhaskar, Samatvam

Anjali Bhaskar

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

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

September 2021

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

Advanced Search