New Delhi, Jun 16 (PTI) Shares of retail chain Shoppers Stop on Tuesday fell over 5 per cent after the company reported a consolidated loss of Rs 127.22 crore for the fourth quarter ended on March 31, 2020.

The stock tanked 5.41 per cent to close at Rs 177.55 on the BSE. During the day, it declined 8.36 per cent to Rs 172.

Also Read | Earthquake in Jammu: Quake of Magnitude 3.9 Jolts Region Near Katra.

On the NSE, it dipped 3.87 per cent to settle at Rs 177.60.

Shoppers Stop on Monday reported a consolidated loss of Rs 127.22 crore for the fourth quarter ended on March 31, 2020, with coronavirus pandemic taking a toll on its operations.

Also Read | Motorola One Fusion+ With a 5,000mAh Battery Launched in India for Rs 16,999.

The company had posted a net profit of Rs 6.47 crore in the January-March period of 2018-19.

Revenue from operations declined to Rs 724.38 crore during the period under review from Rs 812.65 crore in the same period of 2018-19, Shoppers Stop said in a regulatory filing.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)