Baazar Style Retail Reports Mixed Financial Results Amid Rising Costs and Sales Growth in March 2025

May 15 2025 10:04 AM IST
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Baazar Style Retail's financial results for the quarter ending March 2025 show a complex performance landscape. While net sales increased by 35.96% year-on-year to Rs 756.97 crore, the company faced significant profitability challenges, with both profit before tax and profit after tax reporting substantial declines, alongside rising interest expenses.
Baazar Style Retail has recently reported its financial results for the quarter ending March 2025, revealing a complex picture of performance within the small-cap retail sector. The company has experienced a notable decline in its evaluation, with a score adjustment reflecting a shift from 13 to -9 over the past three months.

On a positive note, Baazar Style's net sales for the latest six months reached Rs 756.97 crore, marking a year-on-year growth of 35.96%. This trend indicates a robust sales performance in the near term, suggesting that the company is effectively capturing market demand.

Conversely, the financial results also highlight significant challenges. The profit before tax (PBT) has reported a figure of Rs -11.15 crore, which represents a substantial decline compared to the average PBT of Rs 5.43 crore from the previous four quarters. Similarly, the profit after tax (PAT) stands at Rs -6.39 crore, reflecting a sharp downturn against the average PAT of Rs 6.35 crore from the prior quarters. Additionally, interest expenses have risen to Rs 21.69 crore, the highest in five quarters, indicating increased borrowing costs.

Overall, Baazar Style's recent financial results illustrate a mix of growth in sales alongside considerable pressures on profitability and rising costs.

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