Spencer's Retail Limited — Important, 14-08-2025: General Updates

Spencer's Retail underwent strategic restructuring, exiting underperforming stores to focus on high-potential regions. This move significantly boosted consolidated EBITDA four-fold to `60 Cr, narrowing losses to `(247) Cr. Online sales climbed 13.6%, further enhanced by the new 'JIFFY' quick-delivery service. For future growth, the company plans to raise its borrowing limit by `250 Cr, totaling `1,250 Cr. Spencer's has announced a Board meeting on September 11, 2025, to adopt the annual financial results for the fiscal year 2024-25. Key personnel and auditor re-appointments will also be addressed.