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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.
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.