Shoppers Stop Q3 FY26 Unaudited Results: Consolidated Loss of ₹10.38 Crore
Shoppers Stop reported consolidated revenue of ₹3,833.53 crore for Q3 FY26, with a net loss of ₹10.38 crore. For the nine months ended December 31, 2025, consolidated revenue was ₹10,869.49 crore and net loss was ₹21.27 crore. The company recognized an exceptional item of ₹17.49 crore related to new labor codes. ESOPs and RSUs were also granted.
The net loss and the recognition of a significant exceptional item may impact investor sentiment and the company's short-term financial outlook. However, the revenue figures show growth, which mitigates a higher impact.
The company reported a net loss for the quarter and nine months ended December 31, 2025, indicating a negative financial performance compared to the previous year's profit.
Shoppers Stop Limited announced its Un-Audited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results in a meeting held on January 20, 2026.
The consolidated revenue from operations for the quarter stood at ₹3,833.53 crore, with a net loss of ₹10.38 crore. For the nine-month period ended December 31, 2025, consolidated revenue was ₹10,869.49 crore, resulting in a net loss of ₹21.27 crore. This compares to a consolidated net profit of ₹14.51 crore for the same period in the previous year.
An exceptional item of ₹17.49 crore (consolidated) was recognized due to the estimated one-time increase in provision for employee benefits arising from the New Labour Codes. The company also noted a pending appeal before the Supreme Court regarding a retrospective levy of service tax on renting of immovable properties, with an aggregate of ₹20.11 crore (consolidated) not provided for.
The company granted 78,777 Employee Stock Options (ESOPs) and 39,388 Restricted Stock Units during the quarter under the ESOP Scheme 2022. The financial results have been reviewed by the statutory auditors, who issued an unmodified report.
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Shoppers Stop Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Shoppers Stop Limited. Read the original for the full detail.