Spencer's Retail Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 5,701.74 million compared to INR 6,210.09 million a year ago. Revenue was INR 582,118.4 million compared to INR 6,393.06 million a year ago.

Net loss was INR 641.36 million compared to INR 336.3 million a year ago. Basic loss per share from continuing operations was INR 7.12 compared to INR 3.73 a year ago. Diluted loss per share from continuing operations was INR 7.13 compared to INR 3.74 a year ago.