The Phoenix Mills Limited — PPTs, 30-01-2025: Investor Presentation

**Financial Highlights:**

In Q3 FY25, The Phoenix Mills reported consolidated operating revenue of ₹975 crore, a slight reduction of 1% YoY. However, the operating EBITDA remains steady at ₹553 crore, demonstrating resilience with minimal change compared to the previous year. For the nine-month period ending December 2024, operating revenue increased by 19% to ₹2,613 crore, alongside a 21% growth in operating EBITDA to ₹1,601 crore.

**Strategic Initiatives and Growth Drivers:**

The company continues its robust growth trajectory, with a focus on enhancing its retail and office segments. Notable expansions include the launch of significant retail brands like Uniqlo and Celio in Phoenix Palladium, Mumbai, which bolster its competitive edge.

**Business Developments:**

The expansion at Phoenix Palladium is indicative of Phoenix’s strategy to elevate the consumer experience, which includes upscale dining and entertainment options, such as an incoming gaming hub.

**Market Position and Competitive Advantage:**

With an occupancy rate improvement across malls and a healthy ramp-up in retail consumption, particularly a 21% increase YoY in Q3 FY25, Phoenix Mills appears well-positioned in the market, leveraging its brand strength to attract footfall.

**Investor Implications:**

Investors may view the company’s strategic expansions and solid performance metrics as indicators of potential growth and a positive outlook in a competitive environment. Watch closely as they continue to enhance their property portfolio and operational performance.