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Shopper's Stop net up

Our Bureau

Mumbai , July 25

SHOPPER'S Stop Ltd's net profit has gone up by 19 per cent to Rs 3.56 crore for the June 2005 quarter against Rs 3 crore in the year-ago period.

Its turnover moved up by 30 per cent to Rs 138.3 crore (Rs 106.20 crore). Operating profit (before interest, depreciation and tax) increased by 44 per cent to Rs 91.9 crore from Rs 64 crore in the year-ago period.

Shopper's Stop said its margin on sales improved by 1.8 per cent. As part of its expansion plans, the company opened four new stores at Mumbai, Pune, Bangalore and Ghaziabad during the first quarter of the current fiscal.

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