Spencer's Retail Limited
Incorporated in 2017, Spencer’s Retail Ltd develops, conducts, and promotes organized retail. It operates departmental and neighborhood stores under various formats across the country
What Spencer's files
- Others72
- Investor Meet23
- Board Meeting10
- PPTs7
- Important6
- Updates1
Spencer's Retail underwent strategic restructuring, exiting underperforming stores to focus on high-potential regions. This move significantly boosted consolidated EBITDA four-fold to `60 Cr, narrowing losses to `(247) Cr. Online sales climbed 13.6%, further enhanced by the new 'JIFFY' quick-delivery service. For future growth, the company plans to raise its borrowing...
Spencer's Retail has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a standalone loss after tax of ₹184.78 Cr and a consolidated loss after tax of ₹246.36 Cr for the year. Current liabilities exceed current assets by ₹604.11 Cr standalone and...
The Board of Spencer's Retail Limited has approved the unaudited financial results for the quarter and nine months ending December 31, 2024. The company's revenues from operations decreased to ₹43,103.62 crore from ₹57,023.96 crore year-over-year for the same quarter. Total income also fell to ₹43,348.37 crore from ₹57,629.61 crore. Notably,...
Spencer's Retail Limited reported a significant 46% year-on-year increase in EBITDA, reaching ₹17.5 Cr, attributed to improved operational efficiency despite a challenging festive trading period with flat like-for-like sales growth. The company's revenue for the quarter stood at ₹431 Cr, supported by a gross margin of 19.7%, up 80 basis...
Spencer's Retail Limited has announced a board meeting to review and approve the company's unaudited financial results for the quarter and nine-month period ended December 31, 2024. Key Highlights: - **Consolidated Revenue**: Revenue from operations decreased by 20.5% to ₹51,697.07 crore compared to ₹65,401.40 crore in the same quarter last...