This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
The Phoenix Mills Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
PHOENIXLTD · price
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The Phoenix Mills Limited announced its unaudited financial results for the quarter ended June 30, 2025. On a consolidated basis, total income grew to ₹98,450 lakhs (up ~4.5% YoY) with net profit after tax of ₹32,086 lakhs (up ~2% YoY) and EPS of ₹6.73 versus ₹6.51 in Q1 FY25. On a standalone basis, total income rose to ₹13,117 lakhs but net profit fell sharply to ₹4,072 lakhs (from ₹9,600 lakhs) as the prior year quarter had a one-time exceptional gain of ₹4,738 lakhs from a land sale to a subsidiary. The board also approved a framework agreement to provide exit to Canada Pension Plan Investment Board (CPP Investments) from its 49% stake in material subsidiary Island Star Mall Developers (ISMDPL), making it a wholly owned subsidiary. The auditor flagged an emphasis of matter noting that four subsidiaries' results were not prepared on a going concern basis.
Steady operational performance with mid-single-digit revenue growth, but the headline PAT looks weak on standalone basis only because of the prior year's one-off gain. Acquiring full ownership of ISMDPL simplifies the group structure and consolidates control, though it involves a material related party transaction needing shareholder approval.
| Q1 FY26 | Q1 FY25 | Change | |
|---|---|---|---|
| Revenue | ₹953.0 Cr | ₹904.1 Cr | +5.4% |
| Operating profit | ₹375.7 Cr | ₹350.4 Cr | +7.2% |
| Profit after tax | ₹320.9 Cr | ₹314.7 Cr | +2.0% |
| EBITDA margin | 59.2% | 58.7% | +0.5 pp |
From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.