5326382025-01-012025-03-315326382025-03-315326382024-03-315326382024-04-012025-03-315326382025-01-012025-03-31in-capmkt:OtherExpenses1Member5326382024-04-012025-03-31in-capmkt:OtherExpenses1Member5326382025-01-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15326382024-04-012025-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15326382025-01-012025-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares532638SHOPERSTOPNOTLISTEDINE498B01024SHOPPERS STOP LIMITEDMain BoardEquity2024-04-012025-03-312025-04-292025-04-22INRCroresQuarterlyFourth quarterSingle segmentOperating Segment2025-04-2914:30:002025-04-2917:35:00trueCash Flow IndirectDeclaration of unmodified opinion2025-01-012025-03-31UnauditedConsolidated10640000000182800000108228000000557310000041040000010658000007026000001254200000189150000010897600000-7480000020500000-54300000-50200000-24000000-74200000019900000000019900000-610000013800000199000000-6100000055030000050.180.18000.180.18A. Grouping details in asset and liabilities <BR> a. Other non current assets includes Rs. 2376.71 crs as Right to use asset <BR> b. Other non current financial liabilities includes Rs.2658.72 crs as non current lease liabilities <BR> c. Other current financial liabilities includes Rs.302.90 crs as current lease liabilities <BR> <BR> B. Cashflow notes <BR> a. Proceeds from issuing equity shares includes securities premium on issue of equity shares of Rs. 2.51 crs <BR> b. Proceeds from borrowing includes both long term and short term borrowings <BR> c. Repayment of borrowing includes both long term and short term borrowings <BR> d. Payments of lease liabilities includes both principal and interest <BR> e. Other adjustments to reconcile profit includes <BR> Allowance for doubtful debts advances Rs.0.45 crs <BR> Profit on sale of property plant and equipment Rs. 0.30 crs <BR> Gain on account of remeasurement in lease term Rs. 33.77 crs <BR> Profit on sale of mutual fund Rs. 0.24 crs <BR> Interest time value recognised on interest free lease deposit Rs. 12.56 crs <BR> f. Proceeds from sale of long term assets includes proceeds of sale of mutual fund Rs. 215.24 crs and proceeds of sale of investment in equity shares Rs. 0.43 crs <BR> g. Other inflow consist of redemption of fixed deposit of Rs. 5.55 crs <BR> h. Increase decrease in financial asset includes Increase decrease in lease deposits and Increase decrease in non current asset <BR> i. Increase decrease in Trade payable includes movement of other financial and other current liabilities <BR> <BR> <BR> Notes to accounts <BR> 1. The above financial results have been prepared in accordance with Indian Accounting Standards as prescribed under section 133 of the Companies Act 2013 read with Rule 3 of the Companies Indian Accounting Standards Rules 2015 as amended. <BR> <BR> 2. The Company is primarily engaged in the business of retail trade through retail and departmental store facilities in India which in the terms of Ind AS 108 on Operating Segments constitutes a single reporting segment. <BR> <BR> 3. The Consolidated Financial results of Shoppers Stop limited and its subsidiaries namely Gateway Multichannel Retail India Limited Shoppers Stop Brands India Limited formerly known as Shoppers Stop Services India Limited Global SS Beauty Brands Limited formerly known as Upasna Trading Limited and Shopper s Stop.Com India Limited are consolidated in accordance with Ind AS 110 on Consolidation of Financial Statements. <BR> <BR> 4. Pursuant to levy of service tax on renting of immovable properties given for commercial use retrospectively with effect from 1 June 2007 the Company has based on a legal advice challenged the said levy and inter-alia its retrospective application. Pending the final disposal of the matter which is presently before the Supreme Court the Company continues not to provide for the retrospective levy aggregating Rs 20.11 Crores in consolidated results Standalone Rs 16.60 Crores for the period 1 June 2007 to 31 March 2010 fully paid under protest. <BR> <BR> 5. For the quarter ended 31 March 2025 exceptional items of Rs 2.05 crores represents gain on account of claim settled by the insurance company towards stock damaged at one of the Company store. <BR> <BR> For the quarter ended 31 March 2024 the exceptional items of Rs 1.59 crores comprises <BR> a. Loss of Rs 5.70 crores towards impairment of Property Plant and Equipment and Right of Use assets on three retail stores. <BR> b. Gain of Rs. 4.11 crores on account of a claim acknowledged by the insurance company towards losses incurred due to fire. <BR> <BR> For the year ended 31 March 2024 the exceptional items of Rs 6.49 crores comprises <BR> a. Loss of Rs 5.70 crores towards impairment of Property Plant and Equipment and Right of Use assets on three retail stores. <BR> b. Net loss on account of stock damaged due to fire and claim acknowledged by the insurance company amounting to Rs 0.79 crores. <BR> <BR> 6. During the year the Company has granted 294767 Employee Stock Options ESOP’s under ESOP Scheme 2022 for the previous year ended 31 March 2024 84237 under ESOP 2022 Scheme and 147383 for the previous year ended 31 March 2024 38060 Restricted Stock Units to eligible employees under ESOP 2022 Scheme.109584 previous year 301658 Employee stock options have been exercised during the year. <BR> <BR> 7. During the quarter and year ended 31st March 2025 the Company has re-assessed its tax positions based on the completion of recent tax assessments and accordingly Rs 5.73 crores has been credited to the statement of profit and loss account as tax adjustment pertaining to earlier years. <BR> <BR> 8. The above financial results have been reviewed and recommended by the Audit Committee and have been approved and taken on records by the Board of Directors at its meetings held on 29 April2025. <BR> <BR> 9. The standalone and consolidated figures of the last quarter are the balancing figure between the audited figures in respect of the full financial year upto 31 March 2025 and 31 March 2024 and the unaudited year-to-date figures upto 31 December 2024 and 31 December2023 being the date of the end of the third quarter of the financial year which were subjected to limited review. <BR> <BR> 10. The previous period's figures have been regrouped rearranged wherever necessary to conform to the current period's classifications. <BR> <BR> <BR> 2024-04-012025-03-31AuditedConsolidated4627640000054120000046817600000030820600000-354880000042487000002612000000494320000076718000004674750000070100000070100000-29800000-9000000-3880000001089000000000108900000-11700000972000001089000000-117000000550300000526617000000.990.99000.990.99Other expenses1891500000Other expenses7671800000539680000053400000004281000007480000000349000000016974000001732300000311570000024546000000353471000002041440000006492000001396000006000002000006711000001460700000037240000002559910000000609462000005503000002661700000321200000003212000000958300000000266813000002763960000040000000027640000000244280000033370000022334900000226686000003931400000290428000001032400000230000016700000030094200000005773420000060946200000A. Grouping details in asset and liabilities <BR> a. Other non current assets includes Rs. 2376.71 crs as Right to use asset <BR> b. Other non current financial liabilities includes Rs.2658.72 crs as non current lease liabilities <BR> c. Other current financial liabilities includes Rs.302.90 crs as current lease liabilities <BR> <BR> B. Cashflow notes <BR> a. Proceeds from issuing equity shares includes securities premium on issue of equity shares of Rs. 2.51 crs <BR> b. Proceeds from borrowing includes both long term and short term borrowings <BR> c. Repayment of borrowing includes both long term and short term borrowings <BR> d. Payments of lease liabilities includes both principal and interest <BR> e. Other adjustments to reconcile profit includes <BR> Allowance for doubtful debts advances Rs.0.45 crs <BR> Profit on sale of property plant and equipment Rs. 0.30 crs <BR> Gain on account of remeasurement in lease term Rs. 33.77 crs <BR> Profit on sale of mutual fund Rs. 0.24 crs <BR> Interest time value recognised on interest free lease deposit Rs. 12.56 crs <BR> f. Proceeds from sale of long term assets includes proceeds of sale of mutual fund Rs. 215.24 crs and proceeds of sale of investment in equity shares Rs. 0.43 crs <BR> g. Other inflow consist of redemption of fixed deposit of Rs. 5.55 crs <BR> h. Increase decrease in financial asset includes Increase decrease in lease deposits and Increase decrease in non current asset <BR> i. Increase decrease in Trade payable includes movement of other financial and other current liabilities <BR> <BR> <BR> Notes to accounts <BR> 1. The above financial results have been prepared in accordance with Indian Accounting Standards as prescribed under section 133 of the Companies Act 2013 read with Rule 3 of the Companies Indian Accounting Standards Rules 2015 as amended. <BR> <BR> 2. The Company is primarily engaged in the business of retail trade through retail and departmental store facilities in India which in the terms of Ind AS 108 on Operating Segments constitutes a single reporting segment. <BR> <BR> 3. The Consolidated Financial results of Shoppers Stop limited and its subsidiaries namely Gateway Multichannel Retail India Limited Shoppers Stop Brands India Limited formerly known as Shoppers Stop Services India Limited Global SS Beauty Brands Limited formerly known as Upasna Trading Limited and Shopper s Stop.Com India Limited are consolidated in accordance with Ind AS 110 on Consolidation of Financial Statements. <BR> <BR> 4. Pursuant to levy of service tax on renting of immovable properties given for commercial use retrospectively with effect from 1 June 2007 the Company has based on a legal advice challenged the said levy and inter-alia its retrospective application. Pending the final disposal of the matter which is presently before the Supreme Court the Company continues not to provide for the retrospective levy aggregating Rs 20.11 Crores in consolidated results Standalone Rs 16.60 Crores for the period 1 June 2007 to 31 March 2010 fully paid under protest. <BR> <BR> 5. For the quarter ended 31 March 2025 exceptional items of Rs 2.05 crores represents gain on account of claim settled by the insurance company towards stock damaged at one of the Company store. <BR> <BR> For the quarter ended 31 March 2024 the exceptional items of Rs 1.59 crores comprises <BR> a. Loss of Rs 5.70 crores towards impairment of Property Plant and Equipment and Right of Use assets on three retail stores. <BR> b. Gain of Rs. 4.11 crores on account of a claim acknowledged by the insurance company towards losses incurred due to fire. <BR> <BR> For the year ended 31 March 2024 the exceptional items of Rs 6.49 crores comprises <BR> a. Loss of Rs 5.70 crores towards impairment of Property Plant and Equipment and Right of Use assets on three retail stores. <BR> b. Net loss on account of stock damaged due to fire and claim acknowledged by the insurance company amounting to Rs 0.79 crores. <BR> <BR> 6. During the year the Company has granted 294767 Employee Stock Options ESOP’s under ESOP Scheme 2022 for the previous year ended 31 March 2024 84237 under ESOP 2022 Scheme and 147383 for the previous year ended 31 March 2024 38060 Restricted Stock Units to eligible employees under ESOP 2022 Scheme.109584 previous year 301658 Employee stock options have been exercised during the year. <BR> <BR> 7. During the quarter and year ended 31st March 2025 the Company has re-assessed its tax positions based on the completion of recent tax assessments and accordingly Rs 5.73 crores has been credited to the statement of profit and loss account as tax adjustment pertaining to earlier years. <BR> <BR> 8. The above financial results have been reviewed and recommended by the Audit Committee and have been approved and taken on records by the Board of Directors at its meetings held on 29 April2025. <BR> <BR> 9. The standalone and consolidated figures of the last quarter are the balancing figure between the audited figures in respect of the full financial year upto 31 March 2025 and 31 March 2024 and the unaudited year-to-date figures upto 31 December 2024 and 31 December2023 being the date of the end of the third quarter of the financial year which were subjected to limited review. <BR> <BR> 10. The previous period's figures have been regrouped rearranged wherever necessary to conform to the current period's classifications. <BR> <BR> 2612000000-354880000018410000000-1008200000000270800000000049432000000-1500000000000200000076200000520000000-475700000005479000000554910000000063900000054852000000000000033100000182420000000000000000215670000021500000000366000000002000000055500000-169030000000256000000000018500000005097000005294100000015890000000-4087100000-2922000000-292200000-399200000-691400000Remeasurement of employee defined benefit obligation-8200000-8200000Remeasurement of employee defined benefit obligation-15700000-15700000-2100000-4000000-6100000-11700000AuditedtrueS R B C & CO LLPtrue2026-02-28