Spencers Retail
60.91
+0.31(+0.51%)
Market Cap₹546.20 Cr
PE Ratio-
IndustryRetail
Company Performance:
1D+0.51%
1M-3.26%
6M-24.45%
1Y-26.44%
5Y-25.69%
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Latest news about Spencers Retail
Spencer's Retail Narrows Q4 Loss, Revenue Declines Amid Store Closures May 15, 2025
Spencer's Retail reported a reduced Q4 net loss of ₹68.40 crore, down from ₹80.69 crore year-over-year. However, revenue decreased to ₹411.87 crore from ₹546.79 crore. The company closed 47 stores in Q2 as part of restructuring efforts. Full-year net loss narrowed to ₹246.36 crore. Spencer's is expanding its JIFFY quick delivery service to new cities, adapting to changing consumer preferences.