Stock Report

The Phoenix Mills Reports Q1 FY27 Results: Consolidated Net Profit Jumps 23% YoY to ₹394.51 Crore

Posted On : 2026-07-30 23:37:24( TIMEZONE : IST )

Retail mall developer and operator The Phoenix Mills Limited has announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27). Driven by sustained consumption momentum in core retail assets and strength in hospitality, the company registered double-digit year-on-year (YoY) profit and top-line growth.

Key Financial Highlights (Q1 FY27 vs Q1 FY26 & Q4 FY26)

All monetary values are expressed in ₹ lakhs unless specified otherwise.

                 CONSOLIDATED FINANCIAL HIGHLIGHTS

   Revenue from Operations       Profit Before Tax (PBT)     Net Profit After Tax (PAT)
  -------------------------     -------------------------   ----------------------------
  Q1 FY27:  ₹107,494.40         Q1 FY27: ₹49,239.77         Q1 FY27: ₹39,450.82
  Q4 FY26:  ₹123,319.85         Q4 FY26: ₹62,001.41         Q4 FY26: ₹48,540.18
  Q1 FY26:   ₹95,298.53         Q1 FY26: ₹40,720.92         Q1 FY26: ₹32,085.75

Consolidated Financial Performance

Top-Line RevenueRevenue from Operations: Reached ₹107,494.40 lakh in Q1 FY27, delivering a 12.80% YoY growth compared to ₹95,298.53 lakh in Q1 FY26.

Other Income: Recorded at ₹4,021.47 lakh (up 27.59% YoY from ₹3,151.91 lakh in Q1 FY26).

Total Income: Stood at ₹111,515.87 lakh, reflecting a 13.27% YoY increase over ₹98,450.44 lakh in the year-ago quarter.

Cost Structure & Expenses

Total consolidated expenses for the quarter came in at ₹62,276.10 lakh, compared to ₹57,729.52 lakh in Q1 FY26. Key cost items included:

Other Expenses: ₹22,463.07 lakh (vs. ₹19,199.49 lakh in Q1 FY26)

Employee Benefits Expense: ₹10,549.10 lakh (vs. ₹9,624.50 lakh in Q1 FY26)

Depreciation & Amortisation: ₹9,550.80 lakh

Finance Costs: Reduced to ₹9,384.29 lakh (vs. ₹9,514.75 lakh in Q1 FY26)

Electricity Expenses: ₹5,915.81 lakh

Cost of Materials Consumed: ₹4,908.70 lakh

Profitability & Tax Metrics

Profit Before Tax (PBT): Expanded 20.92% YoY to ₹49,239.77 lakh, compared to ₹40,720.92 lakh in Q1 FY26.

Tax Expense: Stood at ₹9,885.02 lakh for the quarter.

Share in Profit of Associates: Contributed ₹96.07 lakh.

Net Profit After Tax (PAT): Rose 22.95% YoY to ₹39,450.82 lakh, up from ₹32,085.75 lakh in Q1 FY26.

Profit Attributable to Owners: Stood at ₹29,686.33 lakh (up 23.34% YoY from ₹24,068.64 lakh).

Consolidated EPS: Basic and diluted EPS improved to ₹8.30 per share (face value ₹2/- each), up from ₹6.73 in Q1 FY26.

Segment-Wise Performance

                     SEGMENT REVENUE & RESULTS (Q1 FY27)

  Vertical                  Gross Revenue (₹ Lakhs)      Segment PBIT (₹ Lakhs)
  -----------------------   -----------------------      ----------------------
  Property & Related               89,568.65                    50,899.61
  Hospitality Services             18,459.12                     4,893.50
  Residential Business                334.65                    (1,190.52)

Property & Related Services (Retail Malls & Commercial): Generated segment revenue of ₹89,568.65 lakh (up 17.23% YoY from ₹76,405.11 lakh), delivering segment PBIT of ₹50,899.61 lakh (up 22.16% YoY).

Hospitality Services: Revenue grew 18.72% YoY to ₹18,459.12 lakh (vs. ₹15,548.66 lakh in Q1 FY26), with segment PBIT jumping 37.05% YoY to ₹4,893.50 lakh.

Residential Business: Recorded revenue of ₹334.65 lakh with a segment loss of ₹1,190.52 lakh, reflecting the cyclical nature of revenue recognition in residential real estate.

Standalone Financial Performance

Net Sales / Income from Operations: Reached ₹14,744.62 lakh (up 17.45% YoY from ₹12,553.42 lakh in Q1 FY26).

Profit Before Tax (PBT): Increased 51.92% YoY to ₹7,269.55 lakh, up from ₹4,785.00 lakh in Q1 FY26.

Net Profit After Tax (PAT): Surged 51.15% YoY to ₹6,154.69 lakh (compared to ₹4,071.79 lakh in Q1 FY26).

Standalone EPS: Increased to ₹1.72 per share (vs. ₹1.14 in Q1 FY26).

Capital Structure & Balance Sheet Footprint

Paid-Up Equity Share Capital: Stood at ₹7,152.81 lakh (Face Value ₹2/- per share).

Consolidated Reserves & Other Equity: Stood at ₹10,91,701.55 lakh (₹5,43,229.15 lakh standalone) as of March 31, 2026.

Total Consolidated Segment Assets: Expanded to ₹23,11,695.78 lakh (₹23,116.9578 crore).

Shares of The Phoenix Mills Limited was last trading in BSE at Rs. 1887.45 as compared to the previous close of Rs. 1910.30. The total number of shares traded during the day was 9980 in over 811 trades.

The stock hit an intraday high of Rs. 1907.60 and intraday low of 1878.00. The net turnover during the day was Rs. 18893848.00.