5326382025-07-012025-09-305326382025-09-305326382025-03-315326382025-04-012025-09-305326382025-07-012025-09-30in-capmkt:OtherExpenses1Member5326382025-04-012025-09-30in-capmkt:OtherExpenses1Memberiso4217:INRiso4217:INRxbrli:shares532638SHOPERSTOPNOTLISTEDINE498B01024SHOPPERS STOP LIMITEDMain BoardEquity2025-04-012026-03-312025-10-172025-10-08INRCroresQuarterlySecond quarterSingle segmentOperating Segment2025-10-1712:15:002025-10-1714:00:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated12566200000950000001266120000008929500000-125040000011469000007256000001341900000203630000012929800000-2686000000-26860000011000000-78500000-675000000-2011000000000-201100000-3000000-204100000-2010000000-300000005504000005-1.83-1.8300-1.83-1.832025-04-012025-09-30UnauditedConsolidated2417710000019570000024372800000015135300000-555400000223370000014571000002635300000394440000024850400000-4776000000-47760000021100000-140300000-1192000000-3584000000000-358400000-6000000-364400000-3584000000-600000005504000005-3.26-3.2600-3.26-3.26Other Expenses2036300000Other Expenses3944400000526230000015900000000433400000421000000010000000157160000015717000003258000000244023000003512880000020969800000300000008936000001000000006000002000008001000001824500000041427000002693700000000620658000005504000002325300000287570000002875700000658300000000265497000002720800000000002720800000027643000005029000002367370000024176600000639500000275804000004386900000310000011700000031982100000005919010000062065800000 PART II : <BR> <BR> 1 The above financial results have been prepared in accordance with Indian Accounting Standards as precribed 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, Global SS Beauty Brands 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 Hon'ble Supreme Court of India, 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 and half year ended 30 September 2024, exceptional items of Rs 2.05 crores represents stock damaged at one of our stores on account of smoke and soot due to fire in the adjacent vicinity, for which insurance claim was filed and amount was received in the quarter ended 31 March 2025. <BR> <BR> 6 During the quarter under review, the Company has granted 57,814 Employee Stock Options (ESOP’s) under ESOP Scheme 2022, (for the quarter ended 30 June 2025: Nil ; for the quarter ended 30 September 2024 : 54,292) and 14,557 Restricted Stock Units to eligible employees, under ESOP 2022 Scheme (for the quarter ended 30 June 2025: Nil and for the quarter ended 30 September 2024 : 27,145), 53,024 Employee stock options have been exercised during the quarter (for the quarter ended 30 June 2025 : Nil and for quarter ended 30 September 2024: 16,881). <BR> <BR> 7 During the year ended 31 March 2025, the Company has re-assessed its tax positions based on the completion of recent tax assessments and accordingly Rs 5.73 crores (Consolidated: Rs.5.76 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 17 October,2025. <BR> <BR> 9 The limited review as required under Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations,2015 has been completed by the statutory auditors of the Company and unmodified report has been issued. <BR> <BR> <BR> 10 The previous period's figures have been regrouped / rearranged wherever necessary to conform to the current period's classification(s). <BR> <BR> <BR> Regrouping: <BR> <BR> Statement of asset and liabilities- <BR> 1.Right to use assets of Rs.2,371.35 crs is clubbed with other non current assets. <BR> 2. Current Lease liabilities of Rs. 326.56 crs is clubbed with other current liabilities. <BR> 3. Other non current liabilities represents non current lease liabilities <BR> <BR> Cashflows statement: <BR> <BR> Other adjustments to reconcile profit (loss) includes following: <BR> <BR> Allowance for doubtful debts / advances: Rs. 0.05 crs <BR> Profit on sale of property,plant and equipment: Rs. (0.06 crs) <BR> Fair value change in investment Rs. 0.48 crs <BR> Gain on account of remeasurement in lease term: Rs. (11.70 crs) <BR> Profit on sale of mutual fund investments: Rs. (0.03 crs) <BR> Interest(time value) recognised on interest free lease deposit: Rs.(7.50 crs) <BR> <BR> <BR> <BR> 1457100000-555400000-24440000000-417000000000149550000000026353000000-72000000000016000002690000000-1876000000004201600000372400000000043900000036801000000000000095000007787000000000000000025030000025000000000000160000000-767300000001000000000045000000002859700000011530000001100000-25238000003890000000389000000-691400000-3024000003000000600000000-3000000-6000000