ImportantGeneral Updates
Spencer's Retail underwent strategic restructuring, exiting underperforming stores to focus on high-potential regions.
Spencer's Retail LimitedSPENCERS · Filed with the exchange
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 limit by `250 Cr, totaling `1,250 Cr.
Spencer's has announced a Board meeting on September 11, 2025, to adopt the annual financial results for the fiscal year 2024-25. Key personnel and auditor re-appointments will also be addressed.
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