Phoenix Mills Q4 Results: Profit Falls 11%, Revenue Down 22%
The board recommended a final dividend of Rs 2.5 per equity share.
The Phoenix Mills Ltd.'s consolidated net profit declined 11% in the fourth quarter of financial year 2025.
The company posted a profit of Rs 346.5 crore in the January–March period, as compared to Rs 388.8 crore in the same period last year, according to an exchange filing on Wednesday.
Phoenix Mills Q4 FY25 Highlights (Consolidated, YoY)
Revenue down 22% to Rs 1,016.3 crore vs Rs 1,305.9 crore.
Ebitda down 11% to Rs 559.7 crore vs Rs 626.7 crore.
Margin expands to 55.06% vs 47.98%.
Net profit down 11% to Rs 346.5 crore vs Rs 388.8 crore.
The board recommended a final dividend of Rs 2.5 per equity share
Q4 Performance Across Segments
Retail Business
Consumption (retailer sales) across all operational malls stood at Rs 3,262 crore, up 15%.
Consumption was led by Phoenix Palassio and the continued ramp-up at Phoenix Mall of the Millennium and Phoenix Mall of Asia and Phoenix Palladium expansions.
Retail rental Income was up 8% to Rs 482 crore.
Commercial Offices
Gross leasing of 1.9 lakh sq. ft. completed during FY25 across the operational assets at Mumbai and Vimannagar in Pune.
Occupancy in the operational assets at Mumbai and Vimmanagar in Pune stood at 66% in March 2025.
Income from commercial offices in Q4 FY25 stood at Rs 53 crore, up 8% over Q4 FY24.
Hotels Business
Income up 4% to Rs 167 crore.
Ebitda up 12% to Rs 85 crore.
Residential Business
Gross residential sales up 40% to Rs 77 crore vs Rs 55 crore.
Collections down 33% to Rs 54 crore vs Rs 81 crore.
Shares of Phoenix Mills closed 1.86% higher at Rs 1,663.75 apiece on the BSE, compared to a 0.06% decline in the benchmark Sensex.
