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Shoppers Stop profit slumps 69%

Financial Express Mumbai

|

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.

- VIVEAT SUSAN PINTO

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.

FLERE HISTORIER FRA Financial Express Mumbai

Financial Express Mumbai

JSW Steel tops 03 estimate Godrej Consumer's

SAJJAN JINDAL-LED JSW Steel reported a 198% year-on-year jump in net profit in Q3, driven by one-time tax gain, lower mining premium & royalties and reduced power and fuel costs.

time to read

1 min

January 24, 2026

Financial Express Mumbai

Markets log worst week in 4 months

Investors poorer by ₹16.3L cr; Adani shares top laggards

time to read

2 mins

January 24, 2026

Financial Express Mumbai

Global growth is resilient despite Trump disruption: Finance chiefs

LEADING GLOBAL ECONOMIC policymakers at the World Economic Forum in Davos urged countries and businesses to filter out the turmoil from a week of clashes with the Donald Trump administration and focus on boosting growth and fighting inequality in a world where trade will continue to flow and international cooperation is still badly needed.

time to read

1 min

January 24, 2026

Financial Express Mumbai

Polished, but not perfect

FRESH DESIGN, TURBOCHARGED ENGINE, MORE COMFORTABLE, BUT IS EXPENSIVE

time to read

2 mins

January 24, 2026

Financial Express Mumbai

DoT allocates spectrum for V2V communication

THE DEPARTMENT OF Telecommunications (DoT) has allocated 30 GHz radio frequency for development of vehicle-to-vehicle (V2V) communication systems that will be deployed on four-wheelers in phases, Road Transport and Highways Minister Nitin Gadkari said on Friday.

time to read

1 min

January 24, 2026

Financial Express Mumbai

RBI readies liquidity bazooka of ₹1.25L cr

₹25,000-CR VRR, ₹1L-CR OMOS LINED UP IN 3 WEEKS

time to read

2 mins

January 24, 2026

Financial Express Mumbai

Intel struggles to meet AI data centre demand

INTEL SAID ON Thursday it struggled to satisfy demand for its server chips used in AI data centres, and forecast quarterly revenue and profit below market estimates, sending shares down 13% in after-hours trading.

time to read

1 min

January 24, 2026

Financial Express Mumbai

JSW Steel tops Q3 estimate

SAJJAN JINDAL-LED JSW Steel reported a 198% year-on-year jump in net profit in Q3, driven by one-time tax gain, lower mining premium & royalties and reduced power and fuel costs.

time to read

1 min

January 24, 2026

Financial Express Mumbai

INDUSIND BANK APPOINTS FORMER SBI MD AS CHAIRMAN Basu’s task: Bring back trust

INDUSIND BANK'S NEWLY appointed chairman, Arijit Basu, steps into the role with a mandate that is as delicate as it is demanding.

time to read

2 mins

January 24, 2026

Financial Express Mumbai

Shriram Fin net profit slips 22%

NON-BANK LENDER SHRIRAM

time to read

1 min

January 24, 2026

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