Introduction:
Leading retail company reported a 9% growth in Q3 FY25 net sales, reaching ₹1,311 crore. Net profit surged 37% to ₹49 crore, driven by strong operational performance and increased demand for premium products, with a 20% rise in EBITDA.
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Share price movement of Shoppers Stop:
On January 15, 2025, Shoppers Stop Ltd. opened at ₹665.00, up 7.12% from its previous close of ₹620.85. The stock reached a high of ₹688.00 (10.79%) and a low of ₹652.05. By 10:29 AM, it traded at ₹657.55, a 5.91% increase, with a market cap of ₹7,233.75 crore.
Shoppers Stop Reports Strong Q3 Performance for FY25:
Shoppers Stop Ltd. posted a solid 9% increase in net sales for Q3 FY25, reaching ₹1,311 crore. The company’s net profit surged 37% to ₹49 crore, reflecting strong operational performance and improved demand for premium products.
EBITDA for the quarter stood at ₹262 crore, a 20% increase from the previous year. The company’s gross margin increased by 90 Bps from 39.7% in Q3 FY24 to 40.7% Q3 FY25, indicating strong profitability growth. Shoppers Stop’s premium product strategy continues to drive its financial performance.
Recent news on Shoppers Stop:
As of December 19, 2024, global e-commerce giant Amazon exited Indian retail chain Shoppers Stop by selling its 4% stake for ₹276 crore. Amazon offloaded 44 lakh shares at an average price of ₹627.60 per share.
Stock performance of Shoppers Stop for Period of 1 week, 6 months and 1 year:
Shoppers Stop Ltd’s stock has seen a 1.52% decline over the past week. Over the last six months, the return has dropped by 20.4%, and the one-year return stands at -10.8%, indicating a challenging period for its performance.
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Shareholding pattern of Shoppers Stop:
All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 65.60% | 65.60% | 65.60% |
FII | 3.30% | 7.10% | 7.40% |
DII | 25.30% | 22.70% | 22.20% |
Public | 6% | 5% | 5% |
About Shoppers Stop:
Shoppers Stop Limited (NSE: SHOPERSTOP) is a leading Indian retailer, offering fashion, beauty, and lifestyle brands. With 109 stores across 68 cities, it also operates premium concept stores and a renowned loyalty program, enhancing customer experiences with personalized shopping services.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.