Shoppers Stop announced that the Board of Directors of the Company at its meeting held on 30 april 2019, has recommended a Final dividend of Rs.0.75 per share (i.e.15%), subject to the approval of the shareholders.

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Net profit of Shoppers Stop declined 44.90% to Rs 11.45 crore in the quarter ended March 2019 as against Rs 20.78 crore during the previous quarter ended March 2018. Sales declined 6.89% to Rs 791.06 crore in the quarter ended March 2019 as against Rs 849.61 crore during the previous quarter ended March 2018.

For the full year,net profit rose 578.88% to Rs 78.75 crore in the year ended March 2019 as against Rs 11.60 crore during the previous year ended March 2018. Sales declined 3.07% to Rs 3481.31 crore in the year ended March 2019 as against Rs 3591.49 crore during the previous year ended March 2018.

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Shoppers Stop will hold a meeting of the Board of Directors of the Company on 30 April 2019.

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Net profit of Shoppers Stop rose 171.07% to Rs 44.32 crore in the quarter ended December 2018 as against Rs 16.35 crore during the previous quarter ended December 2017. Sales rose 3.73% to Rs 999.15 crore in the quarter ended December 2018 as against Rs 963.22 crore during the previous quarter ended December 2017.

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