Phoenix Mills Q4 results: Profit falls 18% to ₹269 crore on lower income

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Total income also declined to Rs 1,061.48 crore during the fourth quarter of the previous fiscal year from Rs 1,343.14 crore in the corresponding period of the preceding year, according to a regulatory filing on April 30.

The Phoenix Mills Ltd, which is mainly into development of retail real estate, posted an 18 per cent decline in consolidate net profit to Rs 268.82 crore during the March quarter on lower income.

During the full 2024-25 fiscal year, net profit fell to Rs 984.22 crore from Rs 1,099.20 crore in the preceding financial year.

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Category: BusinessFinance

Markets: India

Topics: Total income drop Net profit decline Fy25 results Shopping mall developer Quarterly earnings Real estate india Phoenix mills Q4 results Retail real estate

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 18:32:42 (23 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 256 words

Reading Time: 2 minutes read

Sentences: 12 lines

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Copyright Owner: © Business Standard

News ID: 28321078

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