Spencer's Retail Limited — Board Meeting, 06-11-2024: Outcome of Board Meeting

Spencer's Retail Limited reported a loss after tax of ₹11,743.51 lakhs for the six months ending September 30, 2024. Revenue fell to ₹98,196.67 lakhs, with total expenses at ₹109,940.18 lakhs. Current liabilities exceed current assets by ₹60,161.30 lakhs. Management is confident in fulfilling obligations due to available credit lines and planned store improvements. The company is focusing on closing low-margin stores and improving operational efficiency.