Spencer's Retail Limited has informed the Exchange about General Updates
SPENCERS · price
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Spencer's Retail reported FY26 standalone revenue of ₹1,52,254 lakhs, down 10.5% from ₹1,70,092 lakhs in FY25, while consolidated revenue fell 9.8% to ₹1,79,999 lakhs from ₹1,99,520 lakhs. The company posted a consolidated loss after tax of ₹24,933 lakhs, marginally worse than the prior year loss of ₹24,636 lakhs. Standalone loss reduced to ₹13,360 lakhs from ₹18,478 lakhs. Statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results. The Board also approved grant of 2,49,000 stock options to eligible employees under the ESOP plan 2019. Management disclosed that current liabilities exceed current assets by ₹64,722 lakhs (standalone) and ₹89,593 lakhs (consolidated), raising going concern considerations, but stated it has unutilised credit lines and promoter support to meet obligations.
The revenue decline and persistent large losses signal continued financial stress, though the reduction in standalone loss is a positive. The large negative working capital position is a concern, but the clean audit opinion and promoter support provide some reassurance to shareholders.