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Phoenix Mills consolidated net profit rises 28.59% in the March 2024 quarter

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Sales rise 79.13% to Rs 1305.95 crore

Net profit of Phoenix Mills rose 28.59% to Rs 326.73 crore in the quarter ended March 2024 as against Rs 254.08 crore during the previous quarter ended March 2023. Sales rose 79.13% to Rs 1305.95 crore in the quarter ended March 2024 as against Rs 729.04 crore during the previous quarter ended March 2023.

For the full year,net profit declined 17.66% to Rs 1099.21 crore in the year ended March 2024 as against Rs 1334.96 crore during the previous year ended March 2023. Sales rose 50.76% to Rs 3977.69 crore in the year ended March 2024 as against Rs 2638.35 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales1305.95729.04 79 3977.692638.35 51 OPM %47.9959.08 -54.7357.57 - PBDT564.37359.29 57 1913.131294.05 48 PBT488.64294.33 66 1642.921066.24 54 NP326.73254.08 29 1099.211334.96 -18

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First Published: May 18 2024 | 9:26 AM IST

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