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Phoenix Mills consolidated net profit declines 28.78% in the December 2020 quarter

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Capital Market

Sales decline 33.99% to Rs 337.84 crore

Net profit of Phoenix Mills declined 28.78% to Rs 65.42 crore in the quarter ended December 2020 as against Rs 91.85 crore during the previous quarter ended December 2019. Sales declined 33.99% to Rs 337.84 crore in the quarter ended December 2020 as against Rs 511.79 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales337.84511.79 -34 OPM %47.0150.67 -PBDT88.23183.70 -52 PBT35.17132.26 -73 NP65.4291.85 -29

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First Published: Feb 13 2021 | 9:41 AM IST

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