Phoenix Township Ltd — Others, 23-05-2025: Corp Action

Phoenix Township Limited has announced a board meeting to approve the financial results for the quarter and year ended March 31, 2025. The company reported standalone revenue from operations of Rs. 81.39 Cr and a net profit from ordinary activities after tax of Rs. 51.25 Cr for the year. Consolidated revenue stood at Rs. 85.36 Cr with a net profit after tax of Rs. 51.31 Cr. The company recognized an additional profit of Rs. 2.51 Cr on sale of agricultural land to its wholly owned subsidiary due to increased usable land area. M/s Bharat Gupta & Co. has been appointed as the internal auditor for FY 2025-26. The board has proposed a final dividend of Rs. 0.15 per equity share and Rs. 0.10 per preference share, subject to shareholder approval. The statutory auditor issued an unmodified opinion and confirmed adequate internal financial controls. There are no pending litigations impacting the company’s financial position.