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Spencer's Retail reports Profit after tax of Rs -284.22 Mln, in the March 2022 quarter

12 May 2022 Evaluate
The sales is pegged at Rs. 4762.82 millions for the March 2022 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 5180.30 millions during the year-ago period.The Net Loss for the quarter ended March 2022 is Rs. -284.22 millions as compared to Net Loss of Rs. -243.83 millions of corresponding quarter ended March 2021The company reported a degrowth in operating Profit to 131.59 millions from 270.31 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202103 202003 % Var
Sales 4762.82 5180.30 -8.06 19996.18 20689.53 -3.35 20689.50 23732.90 -12.82
Other Income 205.10 212.63 -3.54 674.89 471.80 43.05 471.80 295.50 59.66
PBIDT 131.59 270.31 -51.32 849.74 470.97 80.42 470.90 1088.10 -56.72
Interest 196.76 202.41 -2.79 760.08 688.68 10.37 688.60 608.70 13.13
PBDT -65.17 67.90 -195.98 89.66 -217.71 -141.18 -217.70 479.40 -145.41
Depreciation 219.05 311.73 -29.73 935.30 1061.64 -11.90 1061.70 1049.60 1.15
PBT -284.22 -243.83 16.56 -845.64 -1279.35 -33.90 -1279.40 -570.20 124.38
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -284.22 -243.83 16.56 -845.64 -1279.35 -33.90 -1279.40 -570.20 124.38
Equity 450.66 450.66 0.00 450.66 450.66 0.00 450.70 397.70 13.33
PBIDTM(%) 2.76 5.22 -47.05 4.25 2.28 86.68 2.28 4.58 -50.36
Peers
Company Name CMP
Avenue Supermarts 3717.90
Trent 2784.00
Vishal Mega Mart 101.45
PN Gadgil Jewellers 610.80
Aditya Birla Life 84.69
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