The Phoenix Mills Limited — Investor Meet, 30-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
30-10-2024 · 11:57 am
The Phoenix Mills Limited reported strong financial performance for Q2 and H1 FY25, achieving a 5% year-on-year revenue growth at ₹918 crores and EBITDA of ₹518 crores, despite a challenging retail environment. Key drivers included robust retail sales and high occupancy rates across malls. The company is expanding its retail space and plans to launch several projects, enhancing growth through strategic acquisitions. Notably, the hospitality sector performed well, contributing to overall profitability.
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