Phoenix Mills Q1 profit rises 23% as revenue growth lifts operating performance
Phoenix Mills reported Q1 consolidated profit of ₹296.9 crore, up 23.3% year on year, as revenue increased 12.8% to ₹1,074.9 crore. EBITDA rose 13.7% to ₹641.5 crore and margin improved to 59.7%.
Phoenix Mills reported a 23.3% year-on-year rise in Q1 consolidated profit to ₹296.9 crore, supported by 12.8% revenue growth and stronger EBITDA. The mall operator’s EBITDA margin expanded to 59.7% from 59.2%.
Why this matters
The result follows Phoenix Mills’ Q1FY27 retail consumption growth of 32% to ₹4,727 crore, while a recent update flagged slower rental-income growth and office occupancy reaching 72%.
Retail-company signals are accelerating, up 394767% QoQ.