Archive · 9 Jan 2026
Phoenix Mills Q3 FY26: Retail Up 20%, Office Occupancy at 77%
Phoenix Mills shared their results for the third quarter of the financial year 2026.
They said that people bought 20% more things in their stores compared to last year, making ₹4,787 crore.
More offices are being used, with 77% of their spaces filled.
They also leased out 1.20 million square feet of office space in the last nine months.
Their hotels, like The St. Regis Mumbai, are doing well.
Additionally, they sold ₹140 crore worth of homes during this quarter.
Phoenix Mills reported a 20% year-over-year growth in retail consumption to ₹4,787 crore in Q3 FY26.
Office occupancy improved to 77%, with 1.20 million square feet of office space leased in 9M FY26.
Hospitality performance remained steady with RevPAR growth at The St. Regis Mumbai.
Residential sales amounted to ₹140 crore in the quarter.
The company provided an update on its overall business performance for Q3 FY26.
- Who
- Phoenix Mills
- What
- Reported Q3 FY26 financial performance
- When
- Q3 FY26
- Where
- India
- Why
- To update stakeholders on business performance
- Retail Consumption Growth
- 20% YoY
- Retail Consumption Value
- ₹4,787 crore
- Office Occupancy
- 77%
- Office Space Leased
- 1.20 msft in 9M FY26
- Hospitality Performance
- Steady with RevPAR growth at The St. Regis Mumbai
- Residential Sales
- ₹140 crore in Q3