Categories Earnings, Realty

Phoenix Mills Q4FY23 Earnings Story

Phoenix Mills Ltd is engaged in the operation & management of malls, construction of commercial & residential property and hotel business in India. It is India’s largest mall owner, with presence across major metros including Mumbai, Bengaluru, Chennai, Pune and Lucknow. It has an operational history of more than 100 years.

Financial Results:

  • Phoenix Mills Ltd. reported Total Income for Q4FY23 of ₹ 755 Crores up from ₹ 521 Crore year on year, a rise of 11%.

  • Total Expenses for Q4FY23 of ₹ 460 Crores up from ₹ 377 Crores year on year, rise of 22%.

  • Consolidated Net Profit of ₹ 292 Crores, up 140% from ₹ 122 Crores in the same quarter of the previous year.

  • The Earnings per Share is ₹ 14.22, up 142% from ₹ 5.8 in the same quarter of the previous year.

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