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The Phoenix Mills Ltd reported a 4 per cent rise in its consolidated net profit for the October-December quarter of the 2025-26 fiscal year, reaching INR 275.79 crore from INR 264.76 crore a year earlier, according to a regulatory filing. Total income for the period increased to INR 1,168.47 crore from INR 1,005.52 crore as retail and commercial activity continued. For the first nine months through December, net profit and total income also grew compared with the previous year, reflecting consistent demand across its retail-led mixed-use property portfolio.
The Phoenix Mills Ltd reported a 4 per cent year-on-year increase in its consolidated net profit for the third quarter of the 2025-26 fiscal year, with net profit rising to INR 275.79 crore from INR 264.76 crore in the same period last year, according to a recent regulatory filing. This performance was supported by ongoing activity in the company's retail and mixed-use property segments. Advertisement
Total income for the October-December period climbed to INR 1,168.47 crore from INR 1,005.52 crore in the corresponding quarter of the previous fiscal, reflecting sustained demand in its mall and commercial real estate operations. The increase in income was broad-based across leasing and related services, contributing to overall revenue growth.
Looking at the first nine months of the 2025-26 fiscal year through December, The Phoenix Mills saw consolidated net profit rise to INR 820.47 crore from INR 715.40 crore a year earlier. Total income for this period increased to INR 3,299.19 crore from INR 2,902.99 crore in the same period last year, highlighting ongoing revenue momentum across its portfolio.
The company's retail-led mixed-use assets, which include shopping malls and integrated developments, continued to attract tenants and footfall, supporting broader business performance. While quarterly profit growth remained modest, the rise in total income and nine-month results indicate stability in its core operations.
Source PTI
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