Real estate developer, Phoenix Mills has announced their fourth quarter results. The company's Q4 revenues were up 36% at Rs 46.8 crore versus Rs 34.4 crore. Its PAT was up 62% at Rs 27.2 crore versus Rs 16.8 crore. Its EBITDA was up 47.5% at Rs 35.4 crore versus Rs 24 crore.
While their sales were inline with street expectations their net profits were higher than what was expected. The last quarter was also extremely strong for them because the kind of footfalls that they got from High Street Phoenix has been very robust. Shishir Shrivastava, the ED of Phoenix Mills, in an interview on CNBC-TV18 says the companyDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
