Mumbai, Jan 20 (IANS) Multi-brand fashion retailer Shoppers Stop Limited on Tuesday reported a sharp fall in its net profit for the third quarter, even as revenue saw a modest increase amid a challenging consumption environment.The company’s net profit in Q3 fell steeply to Rs 16.1 crore, compared with Rs 352.2 crore in the same quarter last financial year — marking a nearly 22-fold decline, according to its stock exchange filing.Revenue during the quarter rose 2.6 per cent year-on-year to Rs…
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