Shoppers Stop Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 12,375.2 million compared to INR 11,370.7 million a year ago. Revenue was INR 12,408.8 million compared to INR 11,614.4 million a year ago. Net income was INR 368.5 million compared to INR 627.4 million a year ago. Basic earnings per share from continuing operations was INR 3.36 compared to INR 5.72 a year ago. Diluted earnings per share from continuing operations was INR 3.33 compared to INR 5.66 a year ago.
For the nine months, sales was INR 32,702.5 million compared to INR 30,982.3 million a year ago. Revenue was INR 32,914.8 million compared to INR 31,320.5 million a year ago. Net income was INR 540.7 million compared to INR 1,017.5 million a year ago. Basic earnings per share from continuing operations was INR 4.92 compared to INR 9.29 a year ago. Diluted earnings per share from continuing operations was INR 4.9 compared to INR 9.22 a year ago.