Shoppers Stop Shares Tumble Over 12% After Q3 Profit Slumps to ₹16 Crore
The stock market reacted sharply as Shoppers Stop shares plunged more than 12% following a disappointing Q3 earnings update that revealed a drastic drop in net profit to just ₹16.12 crore in the December quarter of FY26, marking a decline of 69.13% year-on-year from ₹52.23 crore in the same quarter last year, investors were left questioning the future direction of this established retail player in India.
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