In the third quarter of the 2025 fiscal year, Shoppers Stop, a multi-brand fashion and cosmetics company, reported a 37 per cent year-over-year growth in both its profits before and after taxes.
Shoppers Stop Limited’s Managing Director and CEO, Kavindra Mishra, stated that the company ended Q3 on a positive note, with the business growth trajectory moving in the right direction.
Despite higher inflation and reduced consumer spending, Shoppers Stop achieved a 9 per cent volume-led revenue growth and 4 per cent LFL growth. CEO Kavindra Mishra attributed this success to initiatives like “India Weds with Shoppers Stop,” “Gifts of Love,” and “Winter Magic,” which boosted premiumization, with premium categories contributing 64 per cent of total revenue.
During the third quarter, the company opened 16 physical locations, including six beauty shops, nine Intune stores, and one new department store. In the third quarter of the 2025 fiscal year, Shoppers Stop’s after-tax profits were US $ 5.67 million, up from US $ 4.1 million the previous year.
