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The Phoenix Mills Ltd announced a dilution in its shareholding in associate company Mirabel Entertainment Private Limited from 50.00% to 35.49%. This follows a rights issue by Mirabel to an existing shareholder in which the company did not participate. Mirabel continues to be an associate company of The Phoenix Mills Limited.
The Phoenix Mills Limited reported strong FY26 results with a 16% revenue growth and 22% EBITDA growth, driven by robust retail consumption and office leasing momentum.
The Phoenix Mills Limited allotted 5,844 equity shares of ₹2/- each following the exercise of options under its Employees' Stock Option Plan 2018. Consequently, the company's paid-up equity share capital increased to ₹71,52,80,950. The allotment was approved by the Compensation Committee on April 28, 2026.
The Phoenix Mills Limited's Board has recommended a final dividend of Rs. 2.50 per equity share (125% of face value) for FY 2025-26. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. Record and AGM dates are yet to be finalized.
The Phoenix Mills Limited has re-appointed M/s. N. A. Shah Associates LLP as the Internal Auditor for a 12-month term starting April 1, 2026. The decision was approved during the Board Meeting held on April 27, 2026.
The Phoenix Mills Limited has re-appointed M/s. N. A. Shah Associates LLP as its Internal Auditor for a term of 12 months, effective April 1, 2026. This decision was finalized during the Board Meeting held on April 27, 2026.
PML reported strong FY26 performance with Revenue up 16% to ₹4,423cr and EBITDA up 22% to ₹2,637cr, driven by retail consumption and office portfolio expansion.
The Phoenix Mills Limited has re-appointed N. A. Shah Associates LLP as Internal Auditor for financial year 2026-27. The decision was approved during the Board meeting held on April 27, 2026. The firm has over 40 years of experience in audit, assurance, and tax services.
Phoenix Mills Ltd reported revenue from operations of ₹1,233 Cr (+21.3% YoY) and net profit of ₹485.4 Cr (+39.6% YoY) for Q4 FY26.
The Phoenix Mills Limited reported its audited standalone and consolidated financial results for FY26. The Board recommended a final dividend of Rs. 2.50 (125%) per equity share of face value Rs. 2 each. Additionally, N. A. Shah Associates LLP was re-appointed as internal auditors for FY27.
The Phoenix Mills Limited's Board of Directors will meet on April 27, 2026, to consider recommending a final dividend for the financial year ended March 31, 2026. This follows a prior board meeting notification dated April 20, 2026.
Phoenix Mills Ltd reported net profit of ₹366 Cr (+3.7% YoY) for Q3 FY26.
The Phoenix Mills Ltd reported record annual retail consumption of ₹16,578 crore for FY26, up 21% YoY. The company saw strong office leasing of 2.2 msft and a doubling of residential sales to ₹471 crore. Hospitality remained resilient with 86% occupancy at St. Regis Mumbai, highlighting robust growth across all business segments.
The Phoenix Mills Limited's promoter, Atul Ashokkumar Ruia, confirmed that the promoter group and PACs made no direct or indirect encumbrances on company shares during FY 2025-26. As of March 31, 2026, the aggregate promoter group shareholding stands at 16,89,68,974 equity shares, representing a 47.25% stake.