
Spencer's Retail Q4 loss narrows to Rs 68 cr
on Thursday reported narrowing of its consolidated net loss to Rs 68.40 crore for March
quarter
FY25. The company had incurred a loss of Rs 80.69 crore in the January-March period a year ago, according to a regulatory filing from Spencer's Retail, a RP
Sanjiv Goenka
firm.
However,
revenue
from operations was down to Rs 411.87 crore in March quarter from Rs 546.79 crore a year ago. Total expenses were lower by 22.2 per cent to Rs 491.60 crore in the quarter. Total income, which includes other income, fell 23.22 per cent to Rs 423.13 crore.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
New Container Houses Indonesia (Prices May Surprise You)
Container House | Search Ads
Search Now
In FY25, Spencer's Retail narrowed its net loss to Rs 246.36 crore from Rs 266.15 crore a year ago. Total income was at Rs 2,098.72 crore as against Rs 2,370.62 crore earlier.
There was a drop in topline due to closure of 47 stores of Spencer's in Q2, the company said in its investor presentation.
"Spencer's delivered a strong operational performance for FY25 on the back of the strategic decisions and actions taken in H1 to focus on key geographies and optimize the costs in line with the resulting scale.
Live Events
"The results of these actions flowed through in H2 with all key operational metrics improving and yielding a significant (4X) improvement in
EBITDA
for FY 25," Chairman Shashwat Goenka said.
This puts the company in a good shape to drive growth across Natures Basket & Spencer's, both in the offline and online verticals, he added.
Spencer's, which started its quick delivery proposition JIFFY in Kolkata in January has witnessed good traction with strong growth in both orders and user base.
"We are taking this to a few other cities in UP and West Bengal in the current fiscal," he said.
The total store count along with Natures Basket is 89 across India.
Shares
of Spencer's Retail on Thursday settled at Rs 65.51 apiece on BSE, down 0.02 per cent from the previous close.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Hindu
25 minutes ago
- The Hindu
Chennai will get its fourth desalination plant at Perur by February next year
Nearly 50% of the work to build the fourth desalination plant along East Coast Road in Perur has been completed so far. The speedy completion of the project will facilitate providing 24x7 piped water supply in the Adyar zone. Inspecting the works in progress to build the Rs. 6,078.40 crore desalination plant to treat 400 million litres of seawater a day (mld), Municipal Administration Minister instructed the officials to complete the work by February 2026. Preliminary work is in progress to lay 59-km long pipeline from the desalination plant to Porur and also build other distribution infrastructure like storage tank and pumping facility at Porur. Chennai Metrowater is also chalking out a project to improve its infrastructure in Pallipattu and Thiruvanmiyur distribution stations to enable round the clock water supply to Adyar zone residents. A press release said the water agency has laid lines to draw raw sea water and release brine into the sea. Work is being carried out to construct various units, including intake structure and pumping station, limestone filter, clear water reservoir and reverse osmosis building. Once the project is finished, nearly 22.67 lakh residents in both Greater Chennai Corporation and Tambaram corporation and 20 other village panchayats would be provided drinking water supply. Some of the areas to be covered including Manapakkam, Vandalur, Kilambakkam, Nandanam and Meenambakkam. also inspected the operation of two desalination plants at Nemmeli with capacity to treat 110 mld and 150 mld respectively. Officials from Chennai Metrowater and Chengalpattu district administration were also present.


The Hindu
25 minutes ago
- The Hindu
Broadway bus terminus to be closed for redevelopment of multi modal facility in the first week of August
The Broadway Bus terminus is expected to be closed for redevelopment in the first week of August as the Chennai Corporation has completed work on the temporary bus terminus near NRT Bridge (Clive Battery) on Ibrahim Salai in Royapuram. At a meeting on Thursday, officials of various agencies agreed to start operations of the temporary bus terminus in the first week of August. Residents have demanded better connectivity between Beach Station and the temporary bus stand to improve public transportation during a period of 30 months of construction of the multi modal facility in Broadway. Chennai Corporation has constructed 55 bus bays, 900 sq m of pedestrian waiting platform with covered shelter, 65 RCC chairs, new bituminous road covering 5300 sq m, 35 street lights of 12 m height, 31 LED focus lights and 200 sq m of passenger waiting hall with 50 chairs. The civic body has installed RO drinking water facility at the temporary bus terminus. As residents have demanded councillors to talk about the safety of women in the temporary bus terminus, GCC has planned several facilities to promote safety. Aavin will create a parlour for passengers in the temporary bus terminus. In a bid to prevent flooding of the area, GCC has created 250 m of storm water drains around the bus terminus. A sewer network measuring 200 m has also been completed. A water sump with a capacity of 21,000 litres has also been completed. GCC has also created facilities for first aid and mothers' feeding rooms, dining rooms for MTC staff and ticket counters. As many as 51 toilet seats have been completed. Self-help groups will be permitted to set up shops in the temporary bus terminus. Chennai Metro Asset Management Limited (CMAML), a special purpose vehicle (SPV) of CMRL will develop the multi modal facility in Broadway with viability gap funding of Rs.200 crore from the State government for the bus terminal, soft loan of RS. 115 crore from CMDA for external infrastructure and term loan of Rs.506 crore from TUFIDCO to GCC. A skywalk will be constructed at a cost of Rs.74 crore to connect Metrorail, suburban and bus terminus in Broadway.


Time of India
29 minutes ago
- Time of India
ACC's net profit up 4.36% in Q1 FY26
NEW DELHI: ACC , part of Adani Group , has reported a growth of 4.36 per cent in its net consoldiated profit during the quarter ended June 30, 2025. Its profit after tax (PAT) stood at ₹375.42 crore in Q1 FY26 as against ₹359.74 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at ₹6,155.58 crore in Q1 FY26, a growth of 16.79 per cent from ₹5,270.81 crore it recorded in the similar quarter last year. According to the company, "cement demand growth in Q1 FY26, remained strong at 4% amid favourable macroeconomic situations and sustained demand from housing and infrastructure segments. Outlook for Q2 FY26 continues to remain strong. For FY26, cement demand is expected to grow between 6-7% due to rise in demand for affordable housing (both rural and urban), higher spending on infrastructure and commercial sector, which includes increased investment in core and allied infrastructure sector." Its net worth increased by ₹228 crore during the quarter and stands at ₹18,787 crore. EPS (diluted) at ₹ 19.9 during the quarter, up by Rs 0.7 year-on-year. It increased ready-mix concreate (RMX) footprint with addition of 12 plants. During the quarter, volume increased by 12% year-on-year supported by higher trade volumes and higher premium product. WHRS power share increased by 4pp from 9.9% to 13.9%, solar power share increased by 7.9pp from 3.4% to 11.3%, taking the green power share up by 11.9pp to 26.2%, clear road map & investment commitments to achieve 60% green power share well ahead of targeted FY28. Optimised Fuel Basket, with use of low cost imported petcoke, improved linkage and captive coal consumption and synergies with Group companies have resulted in 10% reduction in Kiln fuel cost from ₹1.73 to ₹1.56 per '000 Kcal. Thermal value at 738 kCal improved by 1 Kcal year-on-year, expect to improve further in coming quarters driven by capex-based efficiency improvement projects. Logistics costs reduced by 5% at ₹972 per tonne. Through various freight negotiation initiatives, road PTPK has decreased by 1% year-on-year, at ₹4.15 per tonne.