Archive · 28 Jul 2026
Phoenix Mills Q1 Profit Rises 14.15%
The Phoenix Mills Limited announced that their net profit for the first quarter of the fiscal year 2027 (Q1 FY27) increased by 14.15% compared to the same quarter last year.
This means they made more money this quarter than they did last year.
Their total revenue also went up by 12.80%.
However, compared to the previous quarter (Q4 FY26), their net profit and revenue both decreased.
The company also had some exceptional losses last year, totaling ₹28.98 crore.
Additionally, their equity share capital increased due to the allotment of more shares under their employee stock option plan.
The Phoenix Mills Limited reported a 14.15% increase in consolidated net profit to ₹98.42 crore for Q1 FY27.
Consolidated revenue from operations rose by 12.80% to ₹1,074.94 crore compared to Q1 FY26.
Total income increased to ₹1,115.87 crore, while total expenses were ₹627.61 crore for Q1 FY27.
Sequentially, net profit declined by 26.06% and revenue fell by 12.84% compared to the previous quarter.
Exceptional losses for the financial year ended 31 March 2026 amounted to ₹28.98 crore.
- Who
- The Phoenix Mills Limited
- What
- Reported a 14.15% increase in consolidated net profit for Q1 FY27
- When
- For the quarter ended 30 June 2026
- Where
- Mumbai
- Why
- Due to increased revenue and total income compared to the same quarter last year
Positive Financial Growth
Sequential Decline in Profits
Year-over-Year Performance
Positive Financial Growth
The company reported a 14.15% increase in net profit and a 12.80% rise in revenue compared to the same quarter last year.
Sequential Decline in Profits
This indicates strong financial growth and effective business strategies.
Quarter-on-Quarter Performance
Positive Financial Growth
Consolidated net profit declined by 26.06% and revenue fell by 12.84% compared to the previous quarter.
Sequential Decline in Profits
This suggests potential short-term challenges or seasonal fluctuations.
- Consolidated Net Profit (Q1 FY27)
- ₹98.42 crore
- Consolidated Net Profit (Q1 FY26)
- ₹86.22 crore
- Consolidated Revenue (Q1 FY27)
- ₹1,074.94 crore
- Consolidated Revenue (Q1 FY26)
- ₹952.99 crore
- Total Income (Q1 FY27)
- ₹1,115.87 crore
- Total Income (Q1 FY26)
- ₹984.50 crore
- Total Expenses (Q1 FY27)
- ₹627.61 crore
- Total Expenses (Q1 FY26)
- ₹577.29 crore
- Exceptional Losses (FY26)
- ₹28.98 crore
- Paid-up Equity Share Capital (as of 30 June 2026)
- ₹71.53 crore