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Second-quarter sales of Indian retailer ShoppersStop more than doubled to £ 709.

Shoppers Stop Limited, a leading Indian retailer, recorded 117% revenue growth in the second quarter of 2010, ending September 30, 2021, above the corresponding quarter’s rupee 32.7 billion. I did. Last year. The company’s three-month after-tax loss shrank from Rs 10.3 billion in the second quarter of 2009 to Rs 300 million in the reported quarter.

Shoppers Stop, a leading fashion retailer, surpassed the corresponding quarterly revenue of Rs. 32.7 billion in the previous fiscal year in the second quarter of 2010, ending September 30, 2021, by 117%. Recorded revenue growth. .. After-tax company losses shrank from Rs 10.3 billion in the second quarter of 2009 to Rs 300 million in the reported quarter.

“The postponement of demand caused by the second wave of the pandemic witnessed a strong resurgence in the second quarter. July was silenced by multiple blockades and Maharashtra was completely closed, but August and 9 The moon witnessed a sharp recovery. ” Venu Nair, Managing Director and CEO of Shoppers Stop Limited, Said in a press release.

Shoppers Stop, a leading fashion retailer, surpassed the corresponding quarterly revenue of Rs. 32.7 billion in the previous fiscal year in the second quarter of 2010, ending September 30, 2021, by 117%. Recorded revenue growth. .. After-tax company losses shrank from Rs 10.3 billion in the second quarter of 2009 to Rs 300 million in the reported quarter.

“Our performance is very good in all segments, omni, private and beauty are excellent. Mainly driven by apparel, a significant increase in sales volume of 59% (90% of the total value) I witnessed an increase), ”continues Nair.

Shoppers Stop, a leading fashion retailer, surpassed the corresponding quarterly revenue of Rs. 32.7 billion in the previous fiscal year in the second quarter of 2010, ending September 30, 2021, by 117%. Recorded revenue growth. .. After-tax company losses shrank from Rs 10.3 billion in the second quarter of 2009 to Rs 300 million in the reported quarter.

Fashion retailer EBITDA quadrupled to 138 chlores (28 chlores) in the second quarter.

Shoppers Stop, a leading fashion retailer, surpassed the corresponding quarterly revenue of Rs. 32.7 billion in the previous fiscal year in the second quarter of 2010, ending September 30, 2021, by 117%. Recorded revenue growth. .. After-tax company losses shrank from Rs 10.3 billion in the second quarter of 2009 to Rs 300 million in the reported quarter.

“We are pleased to welcome Arun Sirdeshmukh and Christine Kasoulis to the company’s board of directors. Sirdeshmukh has been in the Indian fashion business for over 25 years and has built India’s largest fashion brands and retail businesses, including Reliance Trends and Amazon Fashion. Christine Kasoulis is from John Lewis, UK and has extensive retail experience. He also identifies future consumer trends and leads the market across multiple product groups such as home, fashion, beauty, nursery and sports. We have a solid track record of providing suggestions to do so, “said Nea.

Fiber2Fashion News Desk (JL)



Second-quarter sales of Indian retailer ShoppersStop more than doubled to £ 709.

Source link Second-quarter sales of Indian retailer ShoppersStop more than doubled to £ 709.

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