Results - Announcements
Spencers Retail Ltd share price slipped 2.98% to Rs 19.24 after the company's net profit inched up 9.59% to Rs 66.25 crore, while revenue from operations softened by 1.60% to Rs 461.97 crore in Q2FY27 over Q2FY26.
The market capitalization of Diversified Retail industry group stocks on BSE stood at Rs 3.25 lakh crore, rising 1.04%. It has marginally improved by 7.53% over last one week and declined by 11.91% in last one month while the market capitalization of Spencers Retail Ltd has slipped by 10.80% and 40.80% in the same period respectively.
Profit before tax (PBT) of Spencers Retail Ltd stood at Rs 66.3 crore in Q2 FY27, easing 3.84% year-on-year, and gaining 9.60% quarter-on-quarter. EBITDA came in at Rs 2 crore, plunging by 124.83% YoY and tanking 68.75% sequentially.
Total expenses marginally dropped 0.71% to Rs 481.9 crore in Q2FY27 over Q2FY26. During the quarter, employee benefits expense was at Rs 28.39 crore, dropping 7.91% YoY.
For FY26, revenue from operations eased 9.78% to Rs 1800.0 crore, while net profit saw a mild growth of 1.21% to Rs 249.33 crore, compared to previous FY. EBITDA tumbled by 19465% to Rs 36.37 crore, and PBT saw a minor gain of 1.20% to Rs 249.56 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 60.22 crore in FY26, as against Rs 37.41 crore in FY25.
Spencers Retail Ltd crashed 60.41% in last one year, underperforming the benchmark BSE Sensex which has softened by 4.80% during the same period.