Spencer's Retail Limited has reported its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 21, 2026. The company reported a consolidated net loss of ₹24,933.22 lakh for the financial year 2025-26, compared to a net loss of ₹24,636.23 lakh in the previous year.

Financial Performance

For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹6,558.45 lakh. Revenue from operations for the quarter stood at ₹43,614.53 lakh, while total income was ₹44,544.80 lakh. For the full year, revenue from operations decreased to ₹1,79,999.83 lakh from ₹1,99,520.03 lakh in the previous year.

On a standalone basis, the net loss for the year was ₹13,359.87 lakh, narrowing from a loss of ₹18,477.82 lakh in the prior year. Revenue from operations for the year stood at ₹1,52,253.92 lakh.

Board Decisions

The Board approved the grant of 2,49,000 stock options to eligible employees under the Spencer's Retail Employee Stock Option Plan 2019. The options have an exercise price of ₹5 per share and are set to vest on March 31, 2028. The Nomination and Remuneration Committee approved this grant in compliance with SEBI regulations.

Auditor's Report

The Statutory Auditors, M/s. S.R. Batliboi & Co. LLP, issued an audit report with an unmodified opinion on the standalone and consolidated financial results. The company noted that its current liabilities exceed its current assets, but management expressed confidence in its ability to generate sufficient cash to meet obligations over the next 12 months, supported by unutilized credit lines and promoter support.

Spencer's Retail Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for Q4FY26 to stock exchanges, while continuing its special window facility for physical share transfer and dematerialization.

Q4FY26 SEBI Compliance Certificate

The company filed its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was issued by MUFG Intime India Private Limited, the company's Registrar and Share Transfer Agent, and submitted to both NSE and BSE on April 6, 2026.

The certificate confirms that securities received from depository participants for dematerialization during Q4FY26 were properly processed, with securities confirmed to depositories and listed on appropriate stock exchanges. The RTA confirmed that security certificates received for dematerialization were mutilated and cancelled after due verification, with depositories' names substituted in the register of members within prescribed timelines.

Ongoing Special Window for Physical Securities

Spencer's Retail continues to operate its special window for transfer and dematerialization of physical securities, providing shareholders with a one-year opportunity to convert their physical holdings to electronic format. The initiative follows regulatory guidelines established by the Securities and Exchange Board of India.

The special window operates under SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, remaining open from February 5, 2026 to February 4, 2027. The facility specifically caters to physical securities bought or sold prior to April 01, 2019.

Eligibility and Transfer Process

The company has established clear eligibility criteria for the special window:

Securities transferred under this facility will be credited only to transferee demat accounts and remain under mandatory lock-in for one year from registration date. During lock-in, these securities cannot be transferred, lien-marked, or pledged.

Eligible requests should be lodged with MUFG Intime India Private Limited at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083. Shareholders can contact helpline numbers (0) 810 811 6767/1800 1020 878 or email investor.helpdesk@in.mpms.mufg.com for assistance.