Highlights:
- H1 FY22 - Highlights: Improvement in Profitability by Rs 48 Crore (H1FY22 vs H1FY21) 2.4x GMV Growth in Omni Channel business (H1FY22 vs H1FY21)
- Q2 FY22 - Highlights: Improvement in Profitability by Rs 16 Crore (Q2FY22 vs Q2FY21) 1.7x GMV Growth in Omni Channel business (Q2FY22 vs Q2FY21)
- Revenue for the quarter Rs 582 Cr & Gross Margin Rs 123 Cr at 21.1%
- EBITDA Rs 26 Cr
- PBT (-) Rs 29 Cr, reflecting 237 bps YoY recovery (from (-)7.3% Q2FY21 to (-)4.9% Q2FY22)
- ORIPL our OMNI Channel Business witnessed 1.7x GMV growth & improved its profitability by 78%.
- Revenue for the 6 months ended Sep 30, 21 at Rs 1134 Cr & Gross Margin Rs 236 Cr at 20.8%
- EBITDA Rs 55 Cr
- PBT (-) Rs 52 Cr, reflecting 395 bps YoY recovery (from (-) 8.6% Q2FY21 to (-)4.6% Q2FY22) - ORIPL our OMNI Channel Business witnessed 2.4x GMV growth & improved its profitability by 74%.
Mr. Shashwat Goenka, Sector Head, said, ” The /lockdown was eased in September quarter and our operational hours also improved as compared to previous quarter. Spencer's standalone performance witnessed sales growth of 7% vs Q1 owing to improvement in sales of non-food category led by General Merchandise and Apparel.
Mr. Goenka added, “We also continue to see a strong momentum in our OMNI Channel business for the second quarter with 1.7x growth over last year.”