Spencers Retail's Q2 FY 2025-26 Quarterly Results

Result Summary

• Spencers Retail Ltd reported a 5.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 22.5%.
• Its expenses for the quarter were up by 4.9% QoQ and down 23.0% YoY.
• The net profit increased 3.5% QoQ and decreased 26.8% YoY.
• The earnings per share (EPS) of Spencers Retail Ltd declined at 7.09 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Spencers Retail Ltd is a well-known retail company in India that primarily operates in the food and grocery sector. The company offers a wide array of products, including fresh and processed foods, personal care products, home essentials, apparel, and lifestyle products. Spencers Retail Ltd is recognized for its focus on providing customers with a diverse range of choices, catering to the needs of various consumer segments. As of the latest data available, there have been no major developments reported for the company. Therefore, any recent changes in its operations or strategic initiatives are not available.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Spencers Retail Ltd reported a total income of ₹448.88 crores. This represented a quarter-over-quarter (QoQ) increase of 5.1% from the previous quarter, Q1FY26, where the total income was ₹427.25 crores. However, on a year-over-year (YoY) basis, there was a decline of 22.5% compared to Q2FY25, when the total income was ₹579.06 crores. The decline in year-over-year revenue indicates a shift from the previous year's performance. The quarterly growth suggests an increase in sales or other income streams compared to the immediate past quarter.

Profitability

For Q2FY26, Spencers Retail Ltd recorded a profit before tax (PBT) of ₹-63.85 crores, reflecting a slight improvement of 3.5% from Q1FY26, where the PBT was ₹-61.67 crores. On a year-over-year basis, the PBT showed a 26.8% improvement compared to Q2FY25, when the PBT was ₹-87.25 crores. The profit after tax (PAT) for Q2FY26 was ₹-63.79 crores, mirroring the PBT, and similarly showed a 3.5% QoQ and a 26.8% YoY improvement. The earnings per share (EPS) for Q2FY26 was ₹-7.09, also reflecting the same percentage changes as PBT and PAT. Despite the negative figures, the improvements in both PBT and PAT from the previous periods indicate changes in cost management or revenue generation strategies.

Operating Metrics

The total expenses for Spencers Retail Ltd in Q2FY26 amounted to ₹512.74 crores, marking a 4.9% increase from Q1FY26, where expenses were ₹488.92 crores. This increase in expenses was accompanied by a 23.0% decrease from Q2FY25, when expenses reached ₹666.31 crores. The tax expense remained constant at ₹-0.06 crores across the compared periods, showing no change QoQ or YoY. Given the financial data provided, there is no information available regarding other specific operating metrics such as inventory turnover, debt levels, or liquidity ratios. The financial data highlights a consistent effort in managing expenses, despite an increase in operational costs compared to the last quarter.