Phoenix Mills Q4: Strong Growth with Margin Expansion

Key Highlights • Net Profit: ₹403 Cr (↑50% YoY) • Revenue: ₹1,233.1 Cr (↑21.4% YoY) • EBITDA: ₹750 Cr (↑34% YoY) • EBITDA Margin: 60% (vs 55% YoY) Shareholder Return • Final Dividend: ₹2.50 per share What Stands Out • Strong profit growth driven by higher consumption and leasing income • Significant margin expansion, indicating operating leverage • Healthy topline growth across segments Why It Matters Robust performance reflects strong demand in retail real estate and mall consumption, supporting long-term growth outlook. Learning Outcome In retail real estate, higher occupancy and consumption drive both revenue and margins. Investors should track footfalls, leasing trends, and tenant mix.