The Phoenix Mills Board Approves Unaudited Results for Q3 2026

The Phoenix Mills Limited’s Board of Directors approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The meeting, held on January 28, 2026, reviewed financial performance and strategic decisions. Key highlights include details of revenue and profit, with a focus on property and related services.

Financial Performance Highlights

The Board of Directors of The Phoenix Mills Limited has approved the unaudited financial results for Q3 2026. The financial results include both standalone and consolidated figures, offering a comprehensive view of the company’s performance. The review took place during the board meeting on January 28, 2026.

Standalone Financial Results

Key figures from the standalone financial results include:

  • Total Income: ₹17,274.35 lakhs for the quarter ended December 31, 2025.
  • Profit before tax: ₹6,368.91 lakhs.
  • Net Profit After Tax: ₹4,580.27 lakhs.

The company recognized a full impairment of its investment in Butala Farm Lands Private Limited amounting to ₹2,505.50 Lakhs under exceptional items.

Consolidated Financial Results

Key highlights from the consolidated results:

  • Total Income: ₹1,16,847.36 lakhs for the quarter.
  • Profit before tax: ₹48,995.03 lakhs.
  • Net Profit After Tax: ₹36,813.34 lakhs.

Segmental Performance

The group has three reportable segments:

  • Property and related services: Contributed significantly to the overall revenue.
  • Hospitality services: Showed a substantial revenue.
  • Residential Business: Revenue of ₹6,299.15 lakhs.

Other Key Developments

Paid-up equity share capital increased to ₹7,151.97 Lakhs due to the allotment of equity shares under ESOP schemes 2018.

The company acquired additional equity shares of Island Star Mall Developers Private Limited resulting in an increase of shareholding to 58.33%.

Source: BSE

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