In spite of what seemed to be a steadily incrementing rate in the total productivity of the Spencer's franchise, the total productivity dropped by a little over *** percent in financial year 2018 as compared to financial year 2017 from **** thousand Indian rupees to **** thousand Indian rupees. Forecast estimates suggested that the total productivity would reduce by yet another percent by financial year 2021. Spencer's is a Sanjiv Goenka Group owned brand that predominantly operates as a food retailer.
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Motilal Oswal Group. (April 9, 2019). Overall productivity of Spencer's Retail in India from FY 2012 to FY 2021 (in 1,000 Indian rupees) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 02, 2026, from /statistics/1080820/india-total-productivity-of-spencers-retail/
Motilal Oswal Group. "Overall productivity of Spencer's Retail in India from FY 2012 to FY 2021 (in 1,000 Indian rupees)." Chart. April 9, 2019. ÌÇÐÄÆÆ½â°æ. Accessed August 02, 2026. /statistics/1080820/india-total-productivity-of-spencers-retail/
Motilal Oswal Group. (2019). Overall productivity of Spencer's Retail in India from FY 2012 to FY 2021 (in 1,000 Indian rupees). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 02, 2026. /statistics/1080820/india-total-productivity-of-spencers-retail/
Motilal Oswal Group. "Overall Productivity of Spencer's Retail in India from Fy 2012 to Fy 2021 (in 1,000 Indian Rupees)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 9 Apr 2019, /statistics/1080820/india-total-productivity-of-spencers-retail/
Motilal Oswal Group, Overall productivity of Spencer's Retail in India from FY 2012 to FY 2021 (in 1,000 Indian rupees) ÌÇÐÄÆÆ½â°æ, /statistics/1080820/india-total-productivity-of-spencers-retail/ (last visited August 02, 2026)
Overall productivity of Spencer's Retail in India from FY 2012 to FY 2021 (in 1,000 Indian rupees) [Graph], Motilal Oswal Group, April 9, 2019. [Online]. Available: /statistics/1080820/india-total-productivity-of-spencers-retail/