Phoenix Township Ltd — Board Meeting, 23-05-2025: Board Meeting

Phoenix Township Limited has announced a board meeting and approved the financial results for the quarter and year ended March 31, 2025. The company reported standalone revenue from operations at Rs. 81.39 Cr and consolidated revenue at Rs. 85.36 Cr for the quarter. It recognized a profit on the sale of agricultural land to its wholly owned subsidiary, Green First Estate Private Limited, including an additional Rs. 250.64 Cr in the current year. Net profit after tax stood at Rs. 51.25 Cr (standalone) and Rs. 51.31 Cr (consolidated) for the quarter, with earning per share at Rs. 31.50 (standalone) and Rs. 31.55 (consolidated). M/s Bharat Gupta & Co. has been appointed as internal auditor for FY 2025-26. A final dividend of Rs. 0.15 per equity share and Rs. 0.10 per preference share is proposed, subject to shareholder approval. The statutory auditor Bhatter & Company issued an unmodified opinion on both standalone and consolidated financials, and confirmed effective internal financial controls. No material litigation or irregularities were reported.