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Shoppers Stop profit decreased by 52.98% in current quarter (Q1) FY 2018-19

By Robin Roy, 27 July, 2018
Source
Team Infinities:

Shoppers Stop Limited NSE:SHOPERSTOP, BSE:532638 has declared its 1st(first) quarter financial report for fiscal year 2018-2019 from the month of April, 2018 to the month of June, 2018.

Details1st(first) Quarter
ReportedCurrent QuarterPrevious QuarterCorresponding Quarter
83372.5285082.7794644.01
CalculatedChangeChange %ChangeChange %
-1710.25-2.01(ID)-11271.49-11.91(ID)

Income/Sales: Shoppers Stop Limited has reported in its financial report that, the company has achieved net income of Rs.83372.52 Lakh (from the month of April, 2018 to the month of June, 2018). It reflects that the company's net income decreased by 2.01%, for income decrease of Rs.1710.25 Lakh, in compare to previous quarter(January-March,2018), when the company achieved net income of Rs.85082.77 Lakh.
The result also shows that the company's income decreased by 11.91%, for income decrease of Rs.11271.49 Lakh in current quarter, in compare to corresponding 1st(first) quarter(April-June,2017) when the company reported income of Rs.94644.01 Lakh.

Details1st(first) Quarter
ReportedCurrent QuarterPrevious QuarterCorresponding Quarter
977.31(P)2078.30(P)371.66(L)
CalculatedChangeChange %ChangeChange %
-1100.99-52.98(PD)1348.97362.96(PI)

Profit/Loss: In its financial report the company informed that the company has achieved net profit of Rs.977.31 Lakh in current quarter(from the month of April, 2018 to the month of June, 2018). It reflects that, the company's net profit decreased by 52.98%, for profit decrease of Rs.1100.99 Lakh, in compare to previous quarter(January-March,2018), when the company achieved net profit of Rs.2078.30 Lakh.
It also reflects that the company's net profit increased by 362.96%, for profit increase of Rs.1348.97 Lakh, in compare to corresponding quarter(April-June,2017), when the company reported net loss of Rs.371.66 Lakh.

***Figures are give in Lakh Indian Rupees(INR)***.
Acronym
------------------------
ID=Income Decreased
PD=Profit Decreased
PI=Profit Increased
P = Profit.
L = Loss.
1 Lakh = 100,000.
1 Million = 10 Lakhs.
1 Crore = 10 Million.
1 Crore = 100 Lakhs.
1 Billion = 1000 Millions.
1 Billion = 10 Crores.

Source Link
Shoppers Stop Q1 Financial Report for the financial year 2018 (Exchange Archive)

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