The Phoenix Mills Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Other Revenue	41,117	37,193	38,991	26,012	14,835	10,082
Total Revenue	41,117	37,193	38,991	26,012	14,835	10,082
Revenue Growth (YoY	2.16%	-4.61%	49.90%	75.34%	47.13%	-45.30%
Property Expenses	4,018	3,545	6,748	2,651	1,701	1,330
Selling, General & Administrative	1,789	1,914	1,755	1,244	537.53	375.49
Depreciation & Amortization	3,612	3,265	2,702	2,278	1,859	2,094
Other Operating Expenses	10,758	10,042	8,523	6,843	5,227	3,301
Total Operating Expenses	20,177	18,766	19,728	13,016	9,324	7,101
Operating Income	20,940	18,427	19,263	12,996	5,511	2,982
Interest Expense	-3,836	-4,032	-3,959	-3,412	-2,923	-3,461
Interest & Investment Income	570.02	570.02	510.74	488.03	375.99	546.46
Income (Loss) on Equity Investments	14.04	58.13	64.26	50.64	201.91	138.14
Currency Exchange Gain (Loss)	1.57	1.57	3.08	-16.63	-5.49	-
Other Non-Operating Income	150.53	112.22	74.14	22.97	11.87	17.27
EBT Excluding Unusual Items	17,841	15,137	15,957	10,129	3,172	222.84
Impairment of Goodwill	-277.09	-27.22	-	-	-	-
Gain (Loss) on Sale of Investments	752.01	752.01	670.93	578.64	315.74	78.04
Gain (Loss) on Sale of Assets	-7.53	-7.53	-56.09	5.74	-0.98	176.18
Asset Writedown	-	-	-78.12	-	-4.37	-46.42
Other Unusual Items	-0.07	154.68	-	6,052	-	-
Pretax Income	18,308	16,009	16,493	16,765	3,483	430.63
Income Tax Expense	4,120	2,936	3,166	1,989	800.62	-46.8
Earnings From Continuing Operations	14,188	13,073	13,327	14,776	2,682	477.43
Minority Interest in Earnings	-3,295	-3,231	-2,335	-1,426	-308.5	98.89
Net Income	10,893	9,842	10,992	13,350	2,374	576.32
Net Income to Common	10,893	9,842	10,992	13,350	2,374	576.32
Net Income Growth	4.52%	-10.46%	-17.66%	462.43%	311.85%	-82.78%
Basic Shares Outstanding	357	357	358	357	357	342
Diluted Shares Outstanding	358	358	358	357	357	342
Shares Change (YoY)	-0.31%	-0.06%	0.15%	0.13%	4.25%	11.32%
EPS (Basic)	30.47	27.53	30.72	37.38	6.66	1.69
EPS (Diluted)	30.46	27.52	30.66	37.35	6.65	1.68
EPS Growth	4.93%	-10.24%	-17.92%	461.73%	294.66%	-84.52%
Dividend Per Share	-	2.500	2.500	2.500	1.200	0.500
Dividend Growth	-	-	-	108.33%	140.00%	-
Operating Margin	50.93%	49.55%	49.40%	49.96%	37.15%	29.57%
Profit Margin	26.49%	26.46%	28.19%	51.32%	16.00%	5.72%
EBITDA	24,505	21,618	21,955	15,267	7,359	5,069
EBITDA Margin	59.60%	58.12%	56.31%	58.69%	49.60%	50.28%
D&A For Ebitda	3,565	3,190	2,691	2,272	1,848	2,087
EBIT	20,940	18,427	19,263	12,996	5,511	2,982
EBIT Margin	50.93%	49.55%	49.40%	49.96%	37.15%	29.57%
Effective Tax Rate	22.50%	18.34%	19.20%	11.87%	22.99%	-
Revenue as Reported	43,607	39,645	41,099	27,546	15,579	11,373

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.