The Phoenix Mills Limited has declared its audited financial results for the quarter and financial year ended March 31, 2026. The company recorded a significant increase in annual revenue, reaching ₹4,42,280.43 lakh on a consolidated basis. Following these strong results, the Board of Directors has recommended a final dividend of ₹2.50 per equity share, representing a 125% payout for the financial year.
Financial Performance Overview
For the financial year 2025-26, The Phoenix Mills Limited demonstrated consistent growth. The consolidated net sales and income from operations rose to ₹4,42,280.43 lakh, compared to ₹3,81,357.29 lakh in the previous fiscal year. Net profit attributable to the company’s owners for the year stood at ₹1,22,381.64 lakh, reflecting a solid upward trajectory in operational profitability.
Dividend and Strategic Updates
Reflecting the company’s commitment to shareholder value, the Board has recommended a final dividend of ₹2.50 per equity share, having a face value of ₹2. This dividend payout is subject to approval at the upcoming Annual General Meeting. Additionally, the company announced the re-appointment of N. A. Shah Associates LLP as the internal auditor for the 2026-27 financial year.
Operational Developments
During the fiscal year, The Phoenix Mills Limited further strengthened its market position through strategic initiatives. Notably, the company increased its shareholding in its subsidiary, Island Star Mall Developers Private Limited (ISMDPL), to 58.33%. This acquisition follows a framework agreement aimed at optimizing the company’s equity structure. The company continues to operate through three core segments: Property & Related Services, Hospitality Services, and Residential Business, ensuring a diversified revenue stream across its asset portfolio.
Quarterly Performance Highlights
In the fourth quarter (Jan-Mar 2026), the company achieved a consolidated total income of ₹1,29,436.34 lakh. The net profit after tax and share of profits of associates for the same period was recorded at ₹48,540.18 lakh. These results underscore the company’s resilience and ability to maintain operational efficiency despite dynamic market conditions.
Source: BSE
