Shoppers Stop Q1FY27: Revenue up 10% to ₹1,536 Cr, PAT turns positive

Shoppers Stop Ltd. reported a strong first quarter for FY27, with consolidated revenue increasing by 10% year-on-year to ₹1,536 Cr. EBITDA saw a significant jump of 40% to ₹43 Cr. The company achieved a positive Profit After Tax (PAT) of ₹5 Cr, a substantial improvement from a loss of ₹4 Cr in the same quarter last year. This turnaround is attributed to their premiumization strategy, with the beauty segment outperforming with 15% sales growth and department stores showing a 6% like-for-like growth. The company also reduced inventory by ₹80 Cr and debt by ₹93 Cr, while opening 8 new stores.