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Phoenix Mills Q4 Results | Net profit, revenue drop; margin widens to 55%; declares dividend

Published on 30/04/2025 08:53 PM

Phoenix Mills Q4 Results | Net profit, revenue drop; margin widens to 55%; declares dividendThe real estate developer's EBITDA margin expanded to 55% in Q4FY25 from 48% in the year-ago period. Shares of Phoenix Mills Ltd ended at ₹1,663.75, up by ₹30.40, or 1.86%, on the BSE.By Jomy Jos Pullokaran   April 30, 2025, 8:53:03 PM IST (Updated)2 Min ReadMumbai-based real estate developer Phoenix Mills Ltd on Wednesday (April 30) reported a 17.7% year-on-year (YoY) slide in net profit at ₹268.8 crore for the fourth quarter that ended March 31, 2025, over ₹326.7 in Q4FY24.

Revenue from operations declined 22.2% YoY to ₹1,016.3 crore against ₹1,305.9 crore.

At the operating level, EBITDA dropped 10.7% to ₹559.6 crore in the fourth quarter versus ₹626.6 crore a year ago.

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The EBITDA margin widened considerably to 55% in the reporting quarter from 48% in the year-ago period. EBITDA is earnings before interest, tax, depreciation, and amortisation.

Phoenix Mills reported a total consumption of approximately ₹3,248 crore in Q4FY25, reflecting a 15% YoY growth over Q4FY24. Gross retail collections for the quarter stood at around ₹834 crore, marking a 6% increase over the same period last year.

For the full financial year FY25, total consumption reached approximately ₹13,750 crore, registering a 21% growth compared to FY24. Gross retail collections during the year amounted to about ₹3,310 crore, up 22% YoY.

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In the commercial office segment, income stood at ₹53 crore in Q4FY25, showing an 8% rise over Q4FY24. EBITDA from this segment during the quarter was ₹33 crore, an increase of 10%. For the full year, commercial office income came in at ₹210 crore, up 10% from FY24, while EBITDA rose 19% YoY to ₹131 crore.

In the residential portfolio, the company reported gross sales of around ₹77 crore in Q4FY25 and ₹212 crore for the entire fiscal year. Collections from residential sales were approximately ₹54 crore during Q4FY25 and ₹219 crore for the full year.

Phoenix Mills recommended a final dividend of ₹2.50 per equity share of face value ₹2 each (125%) for the financial year ended March 31, 2025. The dividend is subject to approval by the members at the company’s upcoming annual general meeting.

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The results came after the close of the market hours. Shares of Phoenix Mills Ltd ended at ₹1,663.75, up by ₹30.40, or 1.86%, on the BSE.Continue Reading(Edited by : Shoma Bhattacharjee)First Published: Apr 30, 2025 8:51 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsearningsPhoenix MillsResults Boardroomshare market today