The Phoenix Mills has reported results for second quarter ended September 30, 2012.
The company has reported a surge of 38.26% in its net profit at Rs 33.03 crore for the quarter ended September 30, 2012 as compared to Rs 23.89 crore for the same quarter in the previous year. The company’s income from operation has increased by 23.40% at Rs 66.45 crore for quarter under review as compared to Rs 53.85 crore for the quarter ended September 30, 2011.
The Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.