Phoenix Mills Q1 FY27: Retail consumption jumps 32% to ₹4,727 cr; office occupancy hits 72%

Phoenix Mills posted a 32% YoY rise in retail consumption to ₹4,727 crore in Q1 FY27, with office leased occupancy climbing to 72% from 70% and hospitality RevPAR up 15-23%. Phoenix MarketCity Pune relaunched as Phoenix Avenue of Stars amid a premiumisation push across its 11 million sq ft Grade A mall portfolio in 8 cities.

— Filed Wed, 8 Jul, 2026, 20:19 IST · Source CNBC-TV18 · Companies · Updated

Phoenix Mills' Q1 FY27 retail consumption rose 32% YoY to ₹4,727 crore, office occupancy climbed to 72%, and hospitality RevPAR grew double digits. Phoenix MarketCity Pune relaunched as Phoenix Avenue of Stars amid premiumisation initiatives.