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Shoppers Stop profit slumps 69%
Financial Express Lucknow
|January 21, 2026
INDIA'S OLDEST DEPARTMENT store chain, Shoppers Stop, reported a 69% year-on-year decline in third-quarter (Q3FY26) profit on Tuesday, as urban consumers curtailed discretionary spending amid slowing wage growth in key cities.
The retailer posted a consolidated net profit of ₹16 crore for the quarter ended December 31, 2025, compared with ₹52 crore in the year-ago period.
This story is from the January 21, 2026 edition of Financial Express Lucknow.
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