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𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆

• Spencer's Retail plans to reduce debt by Rs 100 crore through loan restructuring and repayment of loans.

• Shares of Spencer's Retail rose nearly 5% on the news.

• The company reported a net loss in Q2FY23, but expects its subsidiary Nature's Basket to have positive EBITDA this year.

https://www.moneycontrol.com/news/business/stocks/spencer...

#SPENCERS