Phoenix Mills' Q2 FY 2026-27 Quarterly Results

Result Summary

• Phoenix Mills Ltd reported a 6.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 3.7%.
• Its expenses for the quarter were up by 2.7% QoQ and 1.2% YoY.
• The net profit increased 8.2% QoQ and increased 11.2% YoY.
• The earnings per share (EPS) of Phoenix Mills Ltd stood at 9.1 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Phoenix Mills Ltd is a prominent player in the retail and real estate industry, primarily focusing on the development and management of shopping malls and mixed-use properties in India. The company has established a significant presence in major metropolitan areas, providing retail spaces to various domestic and international brands. Phoenix Mills Ltd has been involved in various strategic expansions and developments to enhance its retail footprint and attract a diverse range of retailers. However, specific recent developments or strategic initiatives from the past year are not available in the provided data.

Revenue

In the second quarter of the fiscal year 2027 (Q2FY27), Phoenix Mills Ltd reported a total income of ₹1189.09 crores. This represents a quarter-over-quarter (QoQ) increase of 6.6% compared to ₹1115.16 crores in Q1FY27 and a year-over-year (YoY) increase of 3.7% compared to ₹1146.21 crores in Q2FY26. The growth in total income over both the previous quarter and the same quarter last year reflects the company's revenue generation capabilities in the current economic environment.

Profitability

For Q2FY27, the company achieved a profit before tax (PBT) of ₹549.64 crores, marking an 11.6% QoQ increase from ₹492.40 crores in Q1FY27 and a 6.8% YoY increase from ₹514.54 crores in Q2FY26. The profit after tax (PAT) for the same period was ₹427.00 crores, which represents an 8.2% QoQ rise from ₹394.50 crores in Q1FY27 and an 11.2% YoY rise from ₹384.09 crores in Q2FY26. The tax expense for Q2FY27 was ₹125.58 crores, which shows a significant QoQ increase of 27.0% from ₹98.85 crores in Q1FY27, but a YoY decrease of 4.6% from ₹131.70 crores in Q2FY26. Earnings per share (EPS) for the quarter stood at ₹9.10, showing a 9.6% QoQ increase from ₹8.30 and a 7.1% YoY increase from ₹8.50, indicating growth in shareholder value.

Operating Metrics

Total expenses for Phoenix Mills Ltd in Q2FY27 were ₹639.46 crores, which increased by 2.7% from ₹622.76 crores in Q1FY27 and by 1.2% from ₹631.68 crores in Q2FY26. The company's efficient management of operating costs relative to revenue growth is evident in the profit margins achieved during this period. The increase in expenses is relatively moderate compared to the growth in total income, reflecting the company's ability to control costs while scaling operations. The financial data provided does not include specific operating metrics such as operating margin or cost of goods sold, which limits further in-depth analysis of operational efficiency.