Spencer's Retail Limited — Board Meeting, 30-07-2025: Outcome of Board Meeting

Spencer's Retail's Board approved the financial results for the quarter ended June 30, 2025. The company reported a consolidated revenue of ₹415.84 Cr and a net loss of ₹61.61 Cr for the quarter. While current liabilities exceed assets by ₹815.16 Cr, management expressed confidence in meeting obligations, citing access to credit lines, promoter support, and strategic moves like store rationalization. Additionally, the Board, acting on the Audit Committee's suggestion, approved the re-appointment of S.R. Batliboi & Co. LLP as Statutory Auditors for a second five-year term, pending shareholder approval.