Phoenix Mills Ltd 4Q23; 140% Growth in Profit

Phoenix Mills Ltd.’s revenue in Q4FY23 rose 45% to ₹ 755 crores. Consolidated Profit After Tax came at ₹ 292 crores in Q4FY23 showcasing a 140% rise in profits on YoY basis. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q4Y23.