Spencer's Retail Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 6,389.09 million compared to INR 6,240.68 million a year ago. Revenue was INR 6,420.42 million compared to INR 6,425.95 million a year ago. Net loss was INR 617.54 million compared to INR 267.74 million a year ago. Basic loss per share from continuing operations was INR 6.85 compared to INR 2.97 a year ago. Diluted loss per share from continuing operations was INR 6.86 compared to INR 2.98 a year ago.
For the nine months, sales was INR 19,091.9 million compared to INR 17,578.38 million a year ago. Revenue was INR 19,357.06 million compared to INR 18,118.8 million a year ago. Net loss was INR 1,491.69 million compared to INR 789.89 million a year ago. Basic loss per share from continuing operations was INR 16.55 compared to INR 8.76 a year ago. Diluted loss per share from continuing operations was INR 16.56 compared to INR 8.77 a year ago.