The Phoenix Mills Ltd Q1 FY2023-24 consolidated net profit lower at Rs. 240.50 crores

The Phoenix Mills Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 839.5998 crores during the period ended June 30, 2023 as compared to Rs. 754.7342 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 240.5028 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 254.0815 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 13.45 for the period ended June 30, 2023 as compared to Rs. 14.22 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹839.5998 crs	₹754.7342 crs	11.24%
Net Profit	₹240.5028 crs	₹254.0815 crs	-5.34%
EPS	₹13.45	₹14.22	-5.41%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs.839.5998 crores during the period ended June 30, 2023 as compared to Rs.597.8440 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.240.5028 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.718.6996 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.13.45 for the period ended June 30, 2023 as compared to Rs.40.23 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹839.5998 crs	₹597.8440 crs	40.44%
Net Profit	₹240.5028 crs	₹718.6996 crs	-66.54%
EPS	₹13.45	₹40.23	-66.57%

Shares of The Phoenix Mills Limited was last trading in BSE at Rs. 1695.55 as compared to the previous close of Rs. 1700.15. The total number of shares traded during the day was 19238 in over 3238 trades.

The stock hit an intraday high of Rs. 1797.00 and intraday low of 1672.05. The net turnover during the day was Rs. 33229212.00.

Source : Equity Bulls

Keywords

ThePhoenixMills Q1FY24 ResultUpdate