5326382026-04-012026-06-305326382026-04-012026-06-30in-capmkt:OtherExpenses1Memberiso4217:INRiso4217:INRxbrli:shares532638SHOPERSTOPNOTLISTEDINE498B01024SHOPPERS STOP LIMITEDMain BoardEquity2026-04-012027-03-312026-07-222026-07-13INRCroresQuarterlyFirst quarterSingle segmentOperating Segment2026-07-2215:15:002026-07-2217:00:00falsefalseNot applicable for 30 June 262026-04-012026-06-30UnauditedStandalone1185380000051200000119050000000676670000033380000010955000007201000001357200000185420000012127500000-2225000000-2225000000-55400000-554000000-1671000000000-1671000001700000-1654000005506000005-1.52-1.5200-1.52-1.52Part II: <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, 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. Exceptional items included in the financial results are as under: <br /> <br /> Provision for Impairment of Property, Plant and Equipment: <br /> Quarter ended 30 June 26- Nil <br /> Quarter ended 31 March 26- 1.30 <br /> Quarter ended 30 June 25- Nil <br /> Financial year ended 31 March 26- 1.30 <br /> <br /> Impact of new labour code - one time increase in provision for employee benefit expenses: <br /> Quarter ended 30 June 26- Nil <br /> Quarter ended 31 March 26- Nil <br /> Quarter ended 30 June 25- Nil <br /> Financial year ended 31 March 26- 17.49 <br /> <br /> 6. During the quarter under review, the Company has granted 1,49,772 Employee Stock Options (ESOP’s) under ESOP Scheme 2022 (for the quarter ended ended 31 March 2026 : Nil ; for the quarter ended 30 June 2025 : Nil under ESOP 2022 Scheme), and 74,886 Restricted Stock Units to eligible employees, under ESOP 2022 Scheme ( for the quarter ended 31 March 2026: Nil, for the quarter ended 30 June 2025 :Nil). <br /> 7,417 employee stock options have been exercised during the quarter ( for the quarter ended 31 March 2026: 5,224 and for the quarter ended 30 June 2025: Nil). <br /> <br /> 7. 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 22 July,2026. <br /> 8. The limited review as required under Regulation 33 0f 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 /> 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, 2026 and the unaudited year-to-date figures upto 31 December, 2025 being the date of the end of the third quarter of the financial year which were subjected to limited review. <br /> Other expenses1854200000-22000005000001700000