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Shoppers Stop Swings to Quarterly Profit

India's Shoppers Stop reported consolidated net profit of 31.1 million rupees for the quarter ended September 30, compared with a loss of 201.1 million rupees a year earlier.

SHOPERSTOP

India’s Shoppers Stop reported a consolidated net profit of 31.1 million rupees ($327540.81) for the quarter ended September 30, reversing a loss of 201.1 million rupees in the year-earlier period. The retailer reported the results on Friday.