Spencer's Retail Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	17,757	19,952	23,450	24,526	22,997	24,281
Revenue Growth (YoY)	-16.64%	-14.92%	-4.38%	6.65%	-5.29%	-8.20%
Cost of Revenue	14,524	16,466	19,180	20,030	18,612	19,726
Gross Profit	3,233	3,486	4,271	4,496	4,384	4,555
Selling, General & Admin	1,339	1,599	2,011	1,986	2,168	2,198
Other Operating Expenses	2,406	2,683	2,678	2,537	1,896	2,245
Operating Expenses	4,744	5,707	6,018	6,092	5,405	5,844
Operating Income	-1,511	-2,221	-1,747	-1,596	-1,020	-1,289
Interest Expense	-1,564	-1,554	-1,393	-1,071	-909.29	-832.57
Interest & Investment Income	52.46	52.46	63.41	57.65	52.62	60.49
Other Non Operating Income (Expenses)	-567.07	191.01	-66.07	6.14	139.42	-11.61
EBT Excluding Unusual Items	-3,589	-3,532	-3,143	-2,603	-1,738	-2,073
Gain (Loss) on Sale of Investments	38.71	38.71	46.58	16.08	396.41	196.24
Gain (Loss) on Sale of Assets	44.37	44.37	-24.77	-8.71	-7.16	-
Other Unusual Items	982.38	982.38	455.64	487.89	129.02	234.58
Pretax Income	-2,524	-2,466	-2,665	-2,108	-1,219	-1,642
Income Tax Expense	-2.37	-2.5	-3.55	-3.91	-4.84	-3.53
Net Income	-2,522	-2,464	-2,662	-2,104	-1,215	-1,639
Net Income to Common	-2,522	-2,464	-2,662	-2,104	-1,215	-1,639
Shares Outstanding (Basic)	90	90	90	90	90	86
Shares Outstanding (Diluted)	90	90	90	90	90	86
Shares Change (YoY)	-0.06%	-	-	-	4.34%	6.96%
EPS (Basic)	-27.98	-27.33	-29.53	-23.34	-13.48	-18.97
EPS (Diluted)	-27.98	-27.37	-29.57	-23.34	-13.48	-18.97
Free Cash Flow	-	154.16	-5.48	5.95	298.32	-252.67
Free Cash Flow Per Share	-	1.71	-0.06	0.07	3.31	-2.92
Gross Margin	18.21%	17.47%	18.21%	18.33%	19.07%	18.76%
Operating Margin	-8.51%	-11.13%	-7.45%	-6.51%	-4.44%	-5.31%
Profit Margin	-14.20%	-12.35%	-11.35%	-8.58%	-5.28%	-6.75%
Free Cash Flow Margin	-	0.77%	-0.02%	0.02%	1.30%	-1.04%
EBITDA	-691.9	-1,603	-1,397	-1,257	-667.24	-867.61
EBITDA Margin	-3.90%	-8.03%	-5.96%	-5.13%	-2.90%	-3.57%
D&A For EBITDA	818.75	617.98	350.29	338.13	353.22	421.57
EBIT	-1,511	-2,221	-1,747	-1,596	-1,020	-1,289
EBIT Margin	-8.51%	-11.13%	-7.45%	-6.51%	-4.44%	-5.31%
Revenue as Reported	18,034	20,987	23,706	24,852	23,765	24,815

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.