Spencer's Retail Q2 FY26: revenue drops, loss narrows

Revenue DeclinePat NegativeNegative Operating CashflowGoing ConcernResults View source PDF Explain this filing

SPENCERS · price

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Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹46.18

prior close

₹45.00

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-1.0% vs market

Diversified Retail peers, median of 9sector-1.1%-0.2% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.2 pts less than its Diversified Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Diversified Retail peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Spencer's Retail posted Q2 FY26 standalone revenue of Rs 376.28 cr, down 15 percent YoY. H1 revenue fell 21 percent to Rs 722.50 cr. Standalone H1 loss after tax narrowed to Rs 64.83 cr from Rs 117.24 cr a year ago. Consolidated H1 loss was Rs 125.40 cr on revenue of about Rs 1,150 cr. Operating cash outflow was Rs 59.55 cr standalone and Rs 76.81 cr consolidated. The company disclosed current liabilities exceed current assets by Rs 748.75 cr standalone, yet management used a going concern basis citing promoter support, credit lines, and cost cutting.

Likely market impact

Revenue continues to shrink but losses are narrowing. Going concern note flags balance sheet stress, though promoter backing and store closures aim to improve margins. Watch turnaround progress.