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Informist, Monday, Apr. 27, 2026

 

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--Phoenix Mills Jan-Mar consol net profit INR 4.03 bln 
--Analysts saw Phoenix Mills consol net profit at INR 3.42 bln 
--Phoenix Mills Jan-Mar consol revenue INR 12.33 bln 
--Analysts saw Phoenix Mills consol revenue at INR 11.73 bln 
--Phoenix Mills Jan-Mar consol PAT INR 4.03 bln vs INR 2.69 bln yr ago 
--Phoenix Mills Jan-Mar consol revenue INR 12.33 bln vs INR 10.16 bln yr ago 
--Phoenix Mills to pay INR 2.50 per share final dividend 
--Phoenix Mills Q4 property, related svcs sales INR 8.24 bln vs INR 7.38 bln 
--Phoenix Mills Q4 hospitality svcs revenue INR 2.03 bln vs INR 1.90 bln yr ago 
--Phoenix Mills Q4 residential revenue INR 2.16 bln vs INR 970.90 mln yr ago
--Phoenix Mills Q4 consol operating EBITDA INR 7.50 bln vs INR 5.60 bln yr ago 
--Phoenix Mills Jan-Mar consol EBITDA margin 61% vs 55% year ago 

 

By Shakshi Jain and Ashutosh Pati

 

NEW DELHI – The Phoenix Mills Ltd. Monday reported a higher-than-expected bottom line for the March quarter as total expenses of the company rose far slower than its top line. The company's top line for the quarter also surpassed analysts' consensus estimate by a comfortable margin.

 

The real estate player's year-on-year bottom line growth in Jan-Mar was the fastest in the last four quarters. Before that, the company's net profit declined year-on-year for four straight quarters. The year-on-year top line growth in the reporting quarter was better than the trailing quarter.

 

Phoenix Mills reported a consolidated net profit of INR 4.03 billion for the March quarter, up 50% on year and over 46% sequentially. Analysts had pegged the company's bottom line for the quarter at INR 3.42 billion. The company's consolidated revenue for the reporting quarter rose over 21% on year and 10% sequentially to INR 12.33 billion. This was higher than the INR 11.73 billion expected by the Street.

 

 

The company will pay a final dividend of INR 2.50 per share. Segment wise, revenue from property and related services rose to INR 8.24 billion during the quarter from INR 7.38 billion a year ago. This segment remained the largest contributor to the company's top line at around 67%. Revenue from hospitality services increased to INR 2.03 billion from INR 1.90 billion a year ago and revenue from the residential business rose to INR 2.16 billion from INR 970.90 million.

 

The company's consolidated operating earnings before interest, tax, depreciation, and amortisation rose around 34% on year to INR 7.50 billion, with EBITDA margin rising to 61% from 55% a year ago. The company's total expenses for the March quarter rose 4.6% on year to INR 6.70 billion, driven by around 2% rise in other expenses to INR 2.53 billion. Its depreciation and amortisation expenses fell marginally to INR 893.55 million for the quarter while finance costs rose 3.5% on year to INR 974.08 million.

 

For the financial year 2025-26 (Apr-Mar), the company reported consolidated net profit of INR 12.24 billion, up over 24% on year. It earned revenues of INR 44.23 billion for the year, up around 16% on year. Monday, shares of The Phoenix Mills closed 1.3% higher at INR 1,799.70 on the National Stock Exchange.  End

 

Edited by Akul Nishant Akhoury

 

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