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Shoppers Stop Limited has announced a board meeting where it approved the audited financial results for the quarter and financial year. The results indicate a slight decline in revenue, with standalone revenue from operations at ₹1,022.36 Cr for the quarter and ₹4,435.61 Cr for the year. The company reported a net profit of ₹2.47 Cr for the quarter and ₹6.74 Cr for the year, alongside an exceptional loss of ₹2.05 Cr due to insurance claims. Additionally, Mr. B.S. Nagesh will retire as Chairman, with Mr. Nirvik Singh appointed as his successor. The board also approved the appointment of M/s. Parikh & Associates as secretarial auditors for five years, pending shareholder approval.