sales grow 4%, EBITDA totals Rs 157 crore

Department store and omni-channel fashion and beauty retailer Shoppers Stop saw its sales grow by 4% in the second quarter of the 2025 financial year and its earnings before interest, tax, depreciation, and amortisation totalled Rs 157 crore.

Shoppers Stop’s sales for the second quarter of the 2025 financial year totalled Rs 1,068 crore and its sales for the first half of the fiscal year totalled Rs 2,102 crore, representing a 5% year on year increase, the business announced in a press release. Shoppers Stop’s EBITDA however decreased by 8% year on year during the second quarter, using generally accepted accounting principles (GAAP).
 
“Despite a challenging external environment, we remained resilient in our pursuit to deliver growth,” said Shoppers Stop Limited’s managing director and CEO Kavindra Mishra about the second quarter results in a press release. “Shoppers Stop delivered notable financial results though the demand was muted in July and August, impacted by fewer wedding dates, extended rains, and overall weak discretionary spending. We kept a relentless focus on investing behind our Premium Category, with increased offerings in Premium Category this quarter. We renovated and made our Malad Store (in Mumbai) as a destination for Premium offerings.”
 
The business’ beauty segment saw strong growth, outperforming at +10%. The business’ total sales increased by 12% in the month of September, indicating a positive trajectory for the current third quarter. Shoppers Stop opened 25 new stores during the second quarter and its value fashion brand Intune notably opened its 50th brick-and-mortar store to date on October 1.