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!
