Phoenix Mills Acquisition Worth ₹1,350 Cr

Phoenix Mills Earnings Call Transcript: Key Takeaways

Phoenix Mills delivered a robust quarter led by 25% retail consumption growth and office occupancy scale-up. Management is prioritizing asset densification and strategic churn to reset rental bases.

Phoenix Mills Investor Presentation: Key Takeaways

Q2 FY27 consolidated revenue Rs. 1,153 cr (+3%), EBITDA Rs. 710 cr (+7%), PAT Rs. 424 cr (+11%). Annuity PAT +31% drives mix shift away from residential.

Phoenix Mills Q2 FY27 Results: Net Profit ₹427 Cr, Up 11.2% YoY

Phoenix Mills Ltd reported revenue from operations of ₹1,153 Cr (+3.4% YoY) and net profit of ₹427 Cr (+11.2% YoY) for Q2 FY27.

Key figure

Net profit ₹427 Cr · +11.2% YoY

Phoenix Mills Acquisition Worth ₹1,350 Cr

NCLT Mumbai approved Island Star Mall Developers' Rs 1,350 Crore buyback of CPP Investments' shares. Phoenix Mills' stake in the subsidiary rises from 58.33% to 68.10%.

Value

₹1,350 Cr

Execution

Consideration to be paid within 30 days of filing the certified NCLT order with the Registrar of Companies

Phoenix Mills Board Meeting Date

The Phoenix Mills scheduled a board meeting on 30 October 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 2026. The trading window stays closed until 48 hours after results.

Phoenix Mills Employee Stock Options

Phoenix Mills allotted 14,296 shares under its 2018 ESOP plan upon option exercise. No exercise price is disclosed in the filing.

ICICI Lombard General Insurance Company Acquisition Worth ₹40 Cr

ICICI Lombard acquired Axis Bank shares worth ₹40 Crore on 13 November 2026, taking its holding to 0.13%. The purchase is an ordinary-course investment-function transaction.

Value

₹40.00 Cr

Kothari Petrochemicals Acquisition

Kothari Petrochemicals' equity shareholders voted on the scheme of amalgamation with Kothari Sugars and Chemicals on November 13, 2026. Scrutiniser results will follow within two working days.

John Cockerill India Acquisition

John Cockerill India's letter agreement with JC SA drops the Metals US share transfer from the amended SPA. Any future transfer needs fresh terms and approvals.

Kothari Sugars & Chemicals Acquisition

Kothari Sugars equity shareholders approved the scheme of amalgamation with Kothari Petrochemicals at an NCLT-convened meeting on November 13, 2026. Scrutiniser voting results will follow within two working days.

Brainbees Solutions Acquisition Worth ₹1.02 Cr

Globalbees, a Brainbees subsidiary, bought 10.09% more of Dynamic IT for Rs.1.02 Crore, reaching full ownership. Dynamic IT owns the Strauss fitness equipment brand.

Value

₹1.02 Cr

Kovilpatti Lakshmi Roller Flour Mills Acquisition Worth ₹2.25 Cr

Kovilpatti Lakshmi Roller Flour Mills Ltd plans to acquire 2 acres of vacant land in Puducherry for Rs. 2.25 Crore for future commercial use.

Value

₹2.25 Cr

Execution

on or before 30th June 2027

land area

2.0 acres