Quarterly Updates3 Oct 2026, 02:30 pm
Baazar Style Retail: Q2 Revenue Down 10% Amid Festive Shift
AI Summary
Baazar Style Retail Limited (BSRL) reported a 10% year-on-year decline in Revenue from Operations for Q2 FY27, reaching ₹4,781 Mn. This was primarily attributed to a shift in the festive calendar, with Durga Puja moving from Q2 FY26 to Q3 FY27. For the Half Year ended September 30, 2026 (H1 FY27), Revenue from Operations grew 6% YoY to ₹9,645 Mn. The company expanded its retail network by 13% YoY to 283 stores, with a 16% increase in total rental area to 26.69 lakh sq. ft. BSRL also focused on brand visibility through initiatives like a Guinness World Record installation and principal partnership for international football matches.
Key Highlights
- H1 FY27 Revenue from Operations grew 6% YoY to ₹9,645 Mn.
- Q2 FY27 Revenue from Operations declined 10% YoY to ₹4,781 Mn due to festive calendar shift.
- Retail network expanded 13% YoY to 283 stores.
- Total rental area increased 16% YoY to 26.69 lakh sq. ft.
- Brand visibility enhanced via Guinness World Record and football sponsorship.
Price Impact
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