Spencer’s Retail Q3FY25 Results: Revenue down 21% to Rs 516.97 crore, Net Loss narrows to Rs 47.34 crore

Spencer’s Retail Limited announced its financial results for the third quarter ended December 31, 2024. The company posted a net loss despite steady revenue levels.

Key Highlights:

Advertisement

  • Revenue from Operations:
    Revenue stood at ₹516.97 crore in Q3 FY25, marginally lower compared to ₹518.03 crore in Q2 FY25, and a decline from ₹654.01 crore YoY in Q3 FY24.

Revenue from Operations

  • Q3 FY25: ₹516.97 crore
  • Q2 FY25: ₹518.03 crore
  • Q3 FY24: ₹654.01 crore
  • QoQ Change: -0.20%
  • YoY Change: -20.95%
  • Total Income:
    The total income for the quarter was ₹520.03 crore, showing a 10.15% decrease QoQ from ₹579.05 crore and a 21.3% decline YoY from ₹660.25 crore.

Total Income

  • Q3 FY25: ₹520.03 crore
  • Q2 FY25: ₹579.05 crore
  • Q3 FY24: ₹660.25 crore
  • QoQ Change: -10.15%
  • YoY Change: -21.25%
  • Net Loss:
    Spencer’s Retail recorded a net loss of ₹47.34 crore for Q3 FY25, compared to a loss of ₹87.18 crore in Q2 FY25 and ₹51.28 crore in Q3 FY24.

Net Loss

  • Q3 FY25: ₹47.34 crore
  • Q2 FY25: ₹87.18 crore
  • Q3 FY24: ₹51.28 crore
  • QoQ Change: 47.70% improvement
  • YoY Change: 7.67% improvement
  • Expenses:
    Total expenses for the quarter were ₹667.44 crore, slightly lower than ₹666.30 crore in Q2 FY25 but higher than ₹717.54 crore in Q3 FY24.

Total Expenses

  • Q3 FY25: ₹667.44 crore
  • Q2 FY25: ₹666.30 crore
  • Q3 FY24: ₹717.54 crore
  • QoQ Change: +0.17%
  • YoY Change: -6.98%

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.