Phoenix Mills' Q1 FY 2025-26 Quarterly Results

Result Summary

• Phoenix Mills Ltd reported a 26.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.5%.
• Its expenses for the quarter were down by 32.4% QoQ and up 4.3% YoY.
• The net profit decreased 18.1% QoQ and increased 2.0% YoY.
• The earnings per share (EPS) of Phoenix Mills Ltd stood at 6.7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Phoenix Mills Ltd is a prominent player in the real estate sector, primarily focusing on the retail and commercial real estate segments. The company is known for developing and managing large-scale retail malls, commercial centers, and mixed-use properties across India. Phoenix Mills has established its presence in metropolitan cities with flagship retail properties that host a diverse range of domestic and international brands. Although recent specific developments about Phoenix Mills Ltd are not available within this dataset, the company historically has been involved in expanding its retail footprint and enhancing its portfolio to include more commercial and hospitality projects.

Revenue

For the first quarter of the fiscal year 2026 (Q1FY26), Phoenix Mills Ltd reported a total income of ₹984.50 crores. This represents a decrease of 26.7% compared to ₹1,343.14 crores in the previous quarter, Q4FY25. On a year-over-year basis, there was a 4.5% increase from ₹942.40 crores in Q1FY25. This fluctuation in revenue highlights changes that may be associated with operational dynamics or market conditions affecting the company's sales and service revenues.

Profitability

In Q1FY26, Phoenix Mills Ltd recorded a profit before tax of ₹407.21 crores, marking a decrease of 16.7% from the previous quarter's ₹488.64 crores. Year-over-year, the profit before tax increased by 4.9% from ₹388.18 crores in Q1FY25. The company incurred a tax expense of ₹87.29 crores in Q1FY26, which is a reduction of 12.6% from Q4FY25 but a rise of 16.8% compared to Q1FY25. The profit after tax was ₹320.86 crores, down 18.1% QoQ from ₹391.58 crores, but it rose 2.0% YoY from ₹314.71 crores. These metrics reflect the company's profitability trends over the periods under review.

Operating Metrics

The earnings per share (EPS) for Phoenix Mills Ltd in Q1FY26 stood at ₹6.70, showing a significant decline of 63.0% from ₹18.10 in Q4FY25 and a reduction of 48.5% year-over-year from ₹13.00 in Q1FY25. Total expenses in Q1FY26 were ₹577.30 crores, which decreased by 32.4% from the previous quarter but increased by 4.3% from the same quarter in the prior year. These figures highlight the company's cost management strategies and their impact on its financial performance.