Baazar Style Retail Q1FY27: Scale-led growth holds, margins stay under watch

Revenue from operations was Rs 4,864 Mn in Q1FY27 (consolidated), a 29% YoY increase.

The presentation reports 276 stores as of 30-Jun-26 across 10 states and 198 cities.

Q1FY27 revenue mix was 87% apparels (Rs 4,235 Mn) and 13% general merchandise (Rs 628 Mn).

Private labels contributed 62% of Q1FY27 revenue, equal to Rs 3,006 Mn.

EBITDA was Rs 719 Mn and PAT was Rs 22 Mn in Q1FY27 under consolidated IND-AS results.

The presentation reports same store sales growth of 7% in Q1FY27 operational metrics.