The Phoenix Mills Limited has informed the Exchange about Business Update - Intimation Under Regulation 30 Of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
PHOENIXLTD · price
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The Phoenix Mills Limited reported record FY26 performance with all-time high retail consumption of Rs. 16,578 crore, up 21% YoY, achieved without any new mall additions. Q4 FY26 was the strongest quarter with 31% YoY growth. The office portfolio expanded significantly to 4.8 msft (from 2 msft), achieving ~70% leased occupancy with over 2.2 msft of gross leasing during the year. Hospitality remained resilient with St. Regis Mumbai posting 7% RevPAR growth, while residential sales more than doubled to Rs. 471 crore from Rs. 212 crore in FY25.
The broad-based operational strength across retail, offices, hospitality, and residential segments signals robust execution capability. The record retail consumption and doubling of residential sales are particularly positive indicators for revenue visibility, though the figures remain provisional pending audit.