Baazar Style Retail Limited
Incorporated in June 2013, Bazaar Style Retail Limited is a fashion retailer operating in West Bengal and Odisha.
What Baazar files
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Baazar Style Retail Limited has bagged a Guinness World Record for building the World's Largest Fashion Wardrobe in Kolkata, showcasing its massive new festive collection to boost brand visibility and drive customer engagement ahead of the peak shopping season.
Baazar Style Retail reported strong Q1FY27 results: revenue up 29% YoY to ₹486.4 Cr, net profit up 8% to ₹2.2 Cr. Store count expanded 19%, driving private label revenue growth of 31%. Company targets 25% FY27 revenue growth.
Baazar Style Retail's board approved the financial results for the quarter: standalone revenue ₹486.38 Cr, PAT ₹2.23 Cr; consolidated revenue ₹485.38 Cr, PAT ₹2.22 Cr. A key executive now leads E-commerce. Warrants worth ₹36.93 Cr converted, boosting funds for debt reduction & new stores.
Baazar Style Retail's revenue grew 29% YoY to Rs 486 Cr. Same Store Sales Growth stood at 7%. Store count increased to 276 (net 13 additions), with total rental area reaching 25.80 Lakh Sq Ft. Sales per square foot hit Rs 679/month.
Baazar Style Retail seeks shareholder approval via postal ballot to boost financial flexibility. Key proposals include increasing borrowing limits, enhancing security creation on assets for borrowings, and expanding limits for loans/investments. Signals potential growth ahead.