Spencers Retail
64.09
+0.14(+0.22%)
Market Cap₹576.40 Cr
PE Ratio-
IndustryRetail
Company Performance:
1D+0.22%
1M+0.83%
6M-22.15%
1Y-29.31%
5Y-34.39%
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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.