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Phoenix Mills standalone net profit declines 30.49% in the June 2017 quarter

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Capital Market

Sales rise 7.67% to Rs 98.16 crore

Net profit of Phoenix Mills declined 30.49% to Rs 31.19 crore in the quarter ended June 2017 as against Rs 44.87 crore during the previous quarter ended June 2016. Sales rose 7.67% to Rs 98.16 crore in the quarter ended June 2017 as against Rs 91.17 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales98.1691.17 8 OPM %65.2068.78 -PBDT50.5966.23 -24 PBT41.7659.12 -29 NP31.1944.87 -30

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First Published: Aug 11 2017 | 4:31 PM IST

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