Highlights
- Baazar Style Retail posted 29% YoY revenue growth to Rs 4,860 Mn in Q1 FY27.
- Same store sales growth stood at 7% during the quarter ended June 2026.
- Store network expanded to 276 outlets with 18 new store additions in Q1 FY27.
Baazar Style Retail Limited (NSE:STYLEBAAZA) has reported its business update for the quarter ended June 30, 2026, showing continued expansion across revenue and store footprint.
The company reported standalone revenue from operations of Rs 4,860 Mn in Q1 FY27, reflecting a year-on-year increase of 29% compared with Rs 3,778 Mn in the corresponding period last year. The update was shared as part of its regulatory disclosure under SEBI LODR requirements.
Same Store Sales and Operational Metrics
Same Store Sales Growth (SSSG) for the quarter stood at 7%, indicating steady performance across existing outlets.
Sales per square feet (PSF) was recorded at Rs 679 per month in Q1 FY27, compared with Rs 663 in the same quarter of the previous year, reflecting a marginal increase of 2%.
The company continues to operate as a value fashion retailer catering to family-oriented demand across multiple product categories.
Store Expansion and Retail Network Growth
During Q1 FY27, Baazar Style Retail expanded its retail presence by opening 18 new stores while closing 5 outlets, resulting in a net increase in operational footprint.
As of June 30, 2026, the total store count stood at 276 outlets compared with 232 stores in the same period last year, marking a 19% increase.
The total rental area expanded to 25.80 lakh sq ft from 21.17 lakh sq ft, reflecting a 22% rise in operational space.
Operational Scale and Retail Presence
The expansion in store network and retail area indicates continued scaling of operations across existing markets.
The company operates as a value fashion retailer based in Kolkata, focusing on affordable merchandise for family-oriented consumers. The store expansion strategy has contributed to broader geographic presence and increased retail coverage.
Segment Performance Overview
Revenue growth during the quarter has been supported by both new store additions and stable same-store performance.
The combination of store expansion and moderate SSSG suggests balanced contributions from network expansion and existing store productivity.
Regulatory Disclosure
The business update has been submitted to the Bombay Stock Exchange and National Stock Exchange under applicable SEBI (LODR) Regulations, 2015.
The disclosure was signed by Abinash Singh, Chief Compliance Officer, Company Secretary, and Head of Legal & Compliance.
Risks
- Expansion-led growth may increase operational and rental cost exposure.
- Store closures indicate possible location or performance-related challenges.
- Same-store sales growth remains moderate, limiting organic acceleration.
- Retail demand sensitivity may impact revenue consistency across quarters.
Summary
Baazar Style Retail reported a 29% year-on-year increase in standalone revenue to Rs 4,860 Mn in Q1 FY27, supported by expansion in its store network and steady same-store sales growth of 7%. The company increased its store count to 276 outlets and expanded its retail space to 25.80 lakh sq ft. While revenue growth remains strong on a reported basis, same-store performance and retail expansion trends will remain key indicators for future quarters.
FAQs
Q: What was Baazar Style Retail’s revenue in Q1 FY27?
A: The company reported standalone revenue of Rs 4,860 Mn for the quarter ended June 2026.
Q: How much did same store sales grow in Q1 FY27?
A: Same Store Sales Growth stood at 7% during Q1 FY27 compared with the previous year period.
Q: How many stores does Baazar Style Retail operate?
A: The company operated 276 stores as of June 30, 2026 after net expansion during the quarter.