Shoppers Stop Limited — Investor Meet, 23-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Shoppers Stop Q2: Core biz bounced back! EBITDA up 42%, PBT turned profitable (Rs. 9 Cr from Rs. 12 Cr loss). Departmental store LFL soared 9.4% (10-yr high) as premiumization strategy clicked. Beauty sales +22%. New ventures INTUNE & ssbeauty.in are in investment phase with planned losses, but INTUNE's LFL turned positive. GSSB distribution biz grew a massive 103% YoY. Management is confident on sustained growth & robust Q3, driven by increased customer footfall (+6% LFL) and loyalty programs. Store-level breakeven for INTUNE now expected in FY27.