Phoenix Mills has reported 20% growth year-on-year (Y-o-Y) in total consumption in Q2FY24 to Rs 2637 crore over Q2FY23. On a like-to-like basis, consumption in Q2FY24 has grown by 10% over Q2 FY23. Retail collections stood at around Rs 638 crore in Q2FY24, with a growth of 23% over Q2FY23.
For H1FY24, its total consumption stood at around Rs 5211 crore, demonstrating a YoY growth of 19% over H1 FY23. On a like-to-like basis, consumption in H1FY24 has grown by 10% over H1FY23. Retail collections stood at around Rs 1,252 crore in H1FY24, with a growth of 20% over H1FY23.
For Q2FY24, total residential sales were Rs 292 crore, up by 193 percent against Q2FY23, while collections stood at around Rs 184 crore s in Q2FY24.
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.
