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India's Shoppers Stop swings to quarterly profit

India's Shoppers Stop swings to quarterly profit

- India's Shoppers Stop SHOP.NS swung to a profit in the second-quarter on Friday, compared with a loss a year earlier.

The retailer reported a consolidated net profit of 31.1 million rupees ($327,540.81) for the quarter ended September 30, compared with a loss of 201.1 million rupees a year earlier.


($1 = 94.9500 Indian rupees)


(Reporting by Anushka Rajvedi in Bengaluru; Editing by Sonia Cheema)

((mailto: anushka.rajvedi@thomsonreuters.com))

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