Shoppers Stop likely to post PAT of Rs 7 cr in Q1
Shoppers Stop is set to declare its results for the quarter ended June 2012 on Tuesday. Analysts on an average expect the the company to report a profit after tax of Rs 7 crore during the quarter as against net loss of Rs 1.5 crore in a year ago period.
July 30, 2012 / 17:57 IST
Shoppers Stop is set to declare its results for the quarter ended June 2012 on Tuesday. Analysts on an average expect the the company to report a profit after tax of Rs 7 crore during the quarter as against net loss of Rs 1.5 crore in a year ago period.
Total income is seen going up by 4.6% YoY to Rs 620.7 crore and earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to go up by 54.1% to Rs 21.4 crore from Rs 13.9 crore.EBITDA margin is seen increasing 120 basis points to 3.5% versus 2.3% year-on-year.Shoppers Stop is likely to end the quarter with 53 departmental stores, an increase of 2 stores during 1QFY13. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!