Phoenix Mills consolidated net profit rises 40.29% in the March 2021 quarter

Sales decline 3.36% to Rs 385.84 crore

Net profit of Phoenix Mills rose 40.29% to Rs 65.50 crore in the quarter ended March 2021 as against Rs 46.69 crore during the previous quarter ended March 2020. Sales declined 3.36% to Rs 385.84 crore in the quarter ended March 2021 as against Rs 399.24 crore during the previous quarter ended March 2020.

For the full year,net profit declined 84.28% to Rs 52.61 crore in the year ended March 2021 as against Rs 334.73 crore during the previous year ended March 2020. Sales declined 44.71% to Rs 1073.29 crore in the year ended March 2021 as against Rs 1941.14 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales385.84399.24 -3 1073.291941.14 -45 OPM %44.9551.18 -46.0449.82 - PBDT142.30130.69 9 238.66677.82 -65 PBT90.2976.14 19 29.22470.20 -94 NP65.5046.69 40 52.61334.73 -84

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