Spencer's Retail reported Q3 sales of Rs 503 Cr, a 13% QoQ increase, though down 2.7% YoY partly due to a split festive season.

Spencer's segment recorded strong 11.8% QoQ sales growth and improved margins to 20.0%. Nature's Basket sales rose 19% QoQ to Rs 81 Cr, showing tight cost control despite a margin dip.

The company engaged customers with campaigns like Diwali gifting, a new App launch, and a Meat & Seafood Festival with the EU Embassy.

The Ahmedabad store celebrated its first anniversary with various activities.

Consolidated EBITDA improved QoQ to Rs 8 Cr, up from Rs 0.2 Cr in Q2, but was lower YoY due to one-off new labor code charges and reduced other income.

Spencer's standalone PBT losses for the nine-month period significantly narrowed from Rs -147 Cr last year to Rs -98 Cr this year, indicating improved operational efficiency.