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Bloomberg Quint

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Image Credit: Bloomberg Quint

Bazaar Style Retail Q1 Update: Revenue Estimated To Rise 37%

  • Bazaar Style Retail Ltd. has estimated a 37% year-on-year revenue growth in the first quarter of fiscal 2026.
  • Standalone revenue for the retail chain during the April–June period is forecasted to increase to Rs 377.7 crore, with sales per square feet value at Rs 664 per month for the quarter ended June.
  • The company opened 22 new stores in June and closed four, with plans to open up to 50 stores annually over the next two years, focusing on expansion into small towns.
  • Shares of Baazar Style Retail closed 1.56% higher at Rs 322 per share, with analysts maintaining a 'buy' rating and an average 12-month consensus price target implying an upside of 18.8%.

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