The Board has considered, approved and took on record the Unaudited Financial Results (Standalone and Consolidated) of the Company for the 1st quarter ended June 30, 2026.

~ ~ RP-SanJlvGoonka ~ Group OtOwlllg" OH U SRL:SEC:SE:2026-27 /24 August 13, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Tower Plot No. C/1, G-Block Dalal Street Bandra-Kurla Complex Mumbai -400 001 Sandra (East), (Scrip Code: 542337) Mumbai - 400 051 {Symbol: SPENCERS) Dear Sir/Madam, Sub: Outcome of Board Meeting held on August 13. 2026 · We write to inform you that pursuant to Regulations 30, 33 and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 {"SEBI (LODR)"}, the Board of Directors of the Company, at its. meeting held today i.e., August 13, 2026, inter alia, has considered, approved & taken note of the Unaudited Financial Results (Standalone and Consolidated) of the Company, together with the Limited Review Report issued by the Statutory Auditors of the Company, for the first quarter ended on June 30, 2026 pertaining to the Financial Year 2026-27. A copy of the said results along with the Limited Review Report issued by the Statutory Auditors of the Company, is enclosed herewith as "Annexure-A". The meeting of the Board of Directors of the Company commenced at 2:00 P.M. and concluded at 3!20 P.M. You are.requested to kindly take the aforementioned information on record and oblige. Thanking you. For Spencer's Retail Limited Navin Kumar Rathi Company Secretary & Compliance Officer Encl: as above Spencer's Retail Limited Regd. Office· Duncan House, 31, Netaji Subhas Road, Kolkata-700 00i Corp. Office: RPSG House, 2/4 Judges Court Road, Kolkata-700 027 Tel: +91 33 2487 1091 Web: www spencersretail.com CIN· L74999WB2017PLC219355' S.R. BArL1Bo1 & Co. LLP 22, Camac Street 3rd Floor, Block 'B' Chartered Accountants Kolkata -700 016, India Tel : +91 33 6134 4000 Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Spencer's Retail Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Spencer's Retail Limited (the "Company") for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For S.R. Batliboi & Co. LLP Chartered Accountants ICAI Firm registration number: 301003E/E300005 per J ai Prakash Y adav Partner Membership No.: 066943 Place: Kolkata Date: August 13, 2026 S.R. Batliboi & Co. LLP, a Limited Liability Partnership with LLP Identity No. AAB-4294 Regd. Office: 22, Camac Street, Block 'B', 3rd Floor, Kolkata-700 016 o,owtn,g Legac••• Spencer's Retail Limited CIN: L74999WB2017PLC219355 Registered office: Duncan House, 31, Netaji Subhas Road, Kolkata -700001 Website: www.spencersretail.com (f in lakhs, except as otherwise stated) Quarter Quarter Quarter Year ended ended ended ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Pa.rticulars (Unaudited) (Audited) (Unaudited) (Audited) (refer note 4) (1) (2) (3) (4) Income Revenue from operations 40,793.52 37,946.86 34,621.78 1,52,253.92 Other income 116.17 854.22 801.61 2,025.82 Total Income 40,909.69 38,801.08 35,423.39 , 1,54,279.74 Expenses Cost of raw materials consumed 10.64 123.03 401.97 Purchases of stock-in-trade 33,447.25 30,987.46 26,846.46 1,24,577.46 Changes in inventories of finished goods and stock-in-trade (69.86) 336.10 1,039.53 (1,717.63) Employee benefits expense 2,119.25 2,175.78 2,128.81 9,047.58 Finance costs 3,746.54 3,498.85 3,147.96 13,360.94 Depreciation and amortisation expense 1,450.97 1,403.63 1,431.31 5,624.69 Other expenses 3,618.36 3,940.20 3,822.12 16,344.60 Total expenses 44,312.51 42,352.66 38,539.22 1,67,639.61 Loss before tax (3,402.82) (3,551.58) (3,115.83) (13,359.87) Tax Expenses: Current tax Deferred tax Loss after tax (3,402.82) (3,551.58) (3. 115.83) (13,359.87) Other comprehensive income/ (loss): Items that will not be reclassified subsequently to profit or loss - Remeasurement of defined benefit plans (50.00) -(75.53) 20.00 (199.93) - Income Tax relating to items that will not be reclassified to Profit or Loss Other comprehensive income / (loss) (50.00) (75.53) 20.00 (199.93) Total Comprehensive loss (3,452.82) (3,627.11) (3,095.83) (13,559.80) Paid-up equity share capital 4,506.60 4,506.60 4,506.60 4,506.60 (Face value off 5 each) Other equity (47,406.04) Earnings per share (EPS) (in f) : (Face value of f 5 each) Basic & diluted (3.78)* (3.94)* (3.46)* (14.82) * not annualised RP· San)IV Goenka Group OrOw1n9 Lao•~••• Spencer's Retail Limited CIN: L74999WB2017PLC219355 Registered office: Duncan House, 31., Netaji Subhas Road, Kolkata -700001 Website: www.spencersretail.com Notes: 1. The above unaudited standalone financial results of the Company for the quarter ended June 30, 2026 have been reviewed by the Audit Committee and thereafter approved by the Board o Directors at their respective meetings held on August 13, 2026. The Statutory Auditors of the Company have carried out a limited review of the said results in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. The Company has incurred a loss after tax of Rs. 3,402.82 lakhs for the quarter ended June 30, 2026 and its current liabilities; including current borrowings, exceeds current assets by Rs. 73,0S2.64 lakhs as at June 30, 2026. The Company has access to unutilised credit lines with its bankers and have access of additional capital/support from its promoters/ promoter group, i and when required. The Company also has other investments whic [Showing first 8,000 characters — download PDF for full document]