The Phoenix Mills Limited — Important, 07-07-2025: General Updates

The Phoenix Mills has announced a board meeting on the financial results for the quarter and half-year. Retailer sales across malls rose 12% YoY, led by key assets and new mall ramp-ups. Strategic repositioning and tenant mix refresh continue, with trading occupancy at 89%. Commercial office leasing added 4.07 lakh sq. ft., lifting occupancy to 69%. Hospitality saw stable occupancy and double-digit ARR and RevPAR growth at The St. Regis Mumbai and Courtyard Agra. Residential sales surged to ~Rs. 168 Cr, with collections improving to ~Rs. 99 Cr, indicating strong demand and operational momentum.