Net profit of Phoenix Mills declined 13.66% to Rs 218.10 crore in the quarter ended September 2024 as against Rs 252.62 crore during the previous quarter ended September 2023. Sales rose 4.91% to Rs 917.97 crore in the quarter ended September 2024 as against Rs 875.02 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales917.97875.02 5 OPM %56.3957.82 - PBDT451.68441.11 2 PBT374.15375.19 0 NP218.10252.62 -14 Powered by Capital Market - Live News

Phoenix Mills will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live News

Phoenix Mills announced today that Casper Realty (Casper), a wholly owned subsidiary of PML, has been declared as the highest bidder for two prime city-centric plots in Mohali, Punjab. These plots - cumulatively admeasuring ~13.14 acres and located in Sector 62, YPS Chowk, Sahibzada Ajit Singh Nagar (Mohali) - were auctioned by Greater Mohali Development Area Authority (GMADA). Casper was declared as the highest bidder, with a combined bid value of approximately Rs. 891 crores. The payment shall be completed within the timelines stipulated by GMADA. Both plots are classified for commercial use and the Company intends to develop an iconic retail-led, mixed-use development on this land parcel. With excellent connectivity, this land parcel, situated at YPS Chowk�between Chandigarh and Sahibzada Ajit Singh Nagar (Mohali), is well-positioned to capitalize on the growing demand for retail and entertainment spaces in the Chandigarh Metropolitan Region (CMR). CMR encompasses the union territory of Chandigarh and its neighbouring cities, including Panchkula, Mohali, Zirakpur, New Chandigarh, Kharar, Pinjore, Kalka, and Barwala. Strategically located at the crossroads of Punjab, Haryana, and Delhi, the CMR region has emerged as a prime destination for real estate development. Powered by Capital Market - Live News

Phoenix Mills announced that the Annual General Meeting (AGM) of the company will be held on 13 September 2024.Powered by Capital Market - Live News

Net profit of Phoenix Mills declined 3.31% to Rs 232.54 crore in the quarter ended June 2024 as against Rs 240.50 crore during the previous quarter ended June 2023. Sales rose 11.54% to Rs 904.14 crore in the quarter ended June 2024 as against Rs 810.63 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales904.14810.63 12 OPM %58.7360.73 - PBDT466.17425.63 10 PBT388.69362.68 7 NP232.54240.50 -3 Powered by Capital Market - Live News