BUZZ — India's SS Retail surges on higher Q1 profit

* Shares of SS Retail up 14.3% at 791.2 rupees *Consumer electronic retail chain operator's standalone Q1 profit jumps 60.7% to 238.7 million rupees; Q1 rev from ops jumps 54.6% to 7.69 billion rupees * Co says same-store sales growth jumped 34% during the quarter * Improved store productivity and operating leverage are expected to drive incremental EBITDA margin expansion, says co in earnings statement * Stock up nearly 26% since its listing on September 23 (Reporting by Mridula Kumar in Bengaluru) ((mailto:Mridula.Kumar@thomsonreuters.com;)