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Phoenix Mills Ltd Q2FY24; 37% rise in Profits

Phoenix Mills Ltd is engaged in the operation & management of malls, construction of commercial & residential property and hotel business in India. India’s leading retail mall developer and operator with approximately 0.64 million square meters of retail space spread across 9 malls in 6 gateway cities of India. It has developed over 2.11 million square meters

Financial Results:

Phoenix Mills Ltd reported Revenues for Q2FY24 of ₹875.00 Crores up from ₹651.00 Crore year on year, a rise of 34.41%.

Total Expenses for Q2FY24 of ₹531.00 Crores up from ₹409.00 Crores year on year, a rise of 29.83%.

Consolidated Net Profit of ₹305.00 Crores up 37.39% from ₹222.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹14.14, up 35.83% from ₹10.41 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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