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(14/11/2026 19:20)

Baazar Style Retail posts Q2 net loss of Rs 32.12 cr

The company reported standalone net loss during the quarter stood at Rs 32.12 crore compared to net profit of Rs 51.49 crore in the previous year quarter.ÿ

Net revenue of the company declined moderately by 10.00 per cent at Rs 478.48 crore in July-September quarter of this fiscal as against Rs 531.66 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 3.29 per cent to Rs 447.29 crore from Rs 462.52 crore in year ago period.

Other Income dipped by 43.77 per cent at Rs 2.12 crore versus (Sep'25 Rs 3.77 crore).

Operating Profit slipped by 54.87 per cent to Rs 31.20 crore as against Rs 69.14 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 49.85 per cent in September quarter.

Interest grew by 22.55 per cent y-o-y to Rs 20.87 crore, while Taxation decreased by 161.08 per cent at Rs -10.64 crore (Sep'25 Rs 17.42 crore).