The Phoenix Mills Limited has informed the Exchange that Board of Directors at its meeting held on April 27, 2026, recommended Final Dividend of Rs. 2.5 per equity share.
PHOENIXLTD · price
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The Phoenix Mills Limited Board meeting on April 27, 2026 approved audited financial results for Q4 and FY ended March 31, 2026. Standalone net profit declined to Rs. 27,067.47 lakhs from Rs. 33,729.73 lakhs in FY25, impacted by exceptional losses of Rs. 2,948.97 lakhs from impairment of investments in subsidiaries. Consolidated net profit grew significantly to Rs. 1,55,650.65 lakhs from Rs. 1,30,733.94 lakhs in FY25. The Board recommended a final dividend of Rs. 2.50 per equity share (125% on face value of Rs. 2 each), subject to shareholders' approval at the ensuing AGM. Total income for FY26 standalone was Rs. 67,926.65 lakhs versus Rs. 63,236.82 lakhs in FY25.
The company maintained profitability despite standalone net profit decline due to impairment charges. The dividend recommendation signals continued shareholder returns. Consolidated performance shows strong growth across the group.