Phoenix Mills Q1FY24 Results: Consolidated PAT Down to Rs. 240.50 Cr

Phoenix Mills Q1FY24 Results Consolidated PAT Down to Rs. 240.50 Cr

Phoenix Mills Q1 results show revenue up from 754.73 crores to 839.59 crores, an 11.24% increase in growth. EPS down from ₹14.22 to ₹13.45, down by -5.41%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Phoenix Mills shared its Q1 results on Tuesday. They earned 839.59 crores in revenue this quarter, but that’s more than the 754.73 crores they made last quarter. The company’s growth increased by 11.24 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 240.50 crores, down from 254.08 crores in the previous quarter. Their quarter-to-quarter growth decreased by -5.34 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹13.45, which is a decrease of -5.41% from the ₹14.22 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 839.59 crores this year (2023), which is 40.44 percent higher than last year’s total revenue of 597.84 crores.

This year’s PAT (Profit After Tax) is 240.50 crores, which is also -66.54% lower than last year’s PAT of 718.69 crores.

The EPS (Earnings Per Share) for this year is ₹13.45, which is -66.57% less than the EPS of ₹40.23 earned last year.

Also Read: Coal India Q1FY24 Results: Consolidated PAT Raise to Rs. 7971.04 Cr

Phoenix Mills Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Phoenix Mills:

Phoenix Mills Ltd has established a distinctive presence within the Indian real estate industry, encompassing a wide spectrum of offerings including expansive retail malls, entertainment hubs, commercial properties, and hospitality establishments. Its operations cover a comprehensive range of real estate development facets, including planning, execution, marketing, management, maintenance, and sales.

Download the Full PDF of Phoenix Mills Q1 Results: Click Here

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