India's Shoppers Stop falls after quarterly profit loss

Trent

06/05/2026 05:16

** Shoppers Stop  SHOP.NS shares fall as much as 3.5% to 285.30 rupees

** Retailer reported Q4 loss of 163.5 million rupees ($1.72 million) vs profit of 19.9 mln rupees a year ago; rev rose 13.7% y/y

** Motilal Oswal ("neutral") notes that loss was driven by higher employee expenses, depreciation and interest costs; premiumization continues to drive growth

** SHOP on avg rated "buy" by 8 analysts; median PT is 399.50 rupees - LSEG-compiled data

** YTD, SHOP down 25% vs rival Trent TREN.NS 1.3% decline

($1 = 95.0912 Indian rupees)

(Reporting by Abhirami G in Bengaluru)

((abhirami.g@thomsonreuters.com))