Shoppers Stop Reports Strong Q3 FY24-25 Results with Significant Profit Growth and Sales Increase
Shoppers Stop has announced its financial results for Q3 FY24-25, reporting significant improvements in key metrics. Profit Before Tax reached Rs 50.31 crore, while Profit After Tax rose to Rs 52.23 crore. The company also achieved its highest net sales in five quarters, totaling Rs 1,379.47 crore.
Shoppers Stop has recently reported its financial results for the third quarter of FY24-25, showcasing notable advancements across several key metrics. The company's Profit Before Tax (PBT) reached Rs 50.31 crore, reflecting a significant shift compared to the average PBT of the previous four quarters, which was Rs -6.76 crore. In a similar vein, Profit After Tax (PAT) surged to Rs 52.23 crore, indicating a substantial change from the average PAT of Rs 5.00 crore during the prior four quarters.The retailing company also achieved its highest net sales in the last five quarters, totaling Rs 1,379.47 crore, which marks a considerable adjustment from the average net sales of Rs 1,117.01 crore. Operating Profit (PBDIT) stood at Rs 245.76 crore, with the operating profit margin reflecting a positive trend at 17.82%. Furthermore, the Earnings per Share (EPS) increased to Rs 4.75, the highest recorded in the last five quarters, highlighting the company's capacity to enhance earnings for its shareholders.
In light of these developments, there have been evaluation changes regarding Shoppers Stop's financial standing.
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