The Phoenix Mills Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Other Revenue	44,228	37,193	38,991	26,012	14,835
Total Revenue	44,228	37,193	38,991	26,012	14,835
Revenue Growth (YoY	18.91%	-4.61%	49.90%	75.34%	47.13%
Property Expenses	2,912	3,545	6,748	2,651	1,701
Selling, General & Administrative	1,944	1,914	1,755	1,244	537.53
Depreciation & Amortization	3,603	3,265	2,702	2,278	1,859
Other Operating Expenses	13,001	10,042	8,523	6,843	5,227
Total Operating Expenses	21,460	18,766	19,728	13,016	9,324
Operating Income	22,768	18,427	19,263	12,996	5,511
Interest Expense	-3,868	-4,032	-3,959	-3,412	-2,923
Interest & Investment Income	-	570.02	510.74	488.03	375.99
Income (Loss) on Equity Investments	-1.04	58.13	64.26	50.64	201.91
Currency Exchange Gain (Loss)	-	1.57	3.08	-16.63	-5.49
Other Non-Operating Income	1,708	112.22	74.14	22.97	11.87
EBT Excluding Unusual Items	20,606	15,137	15,957	10,129	3,172
Impairment of Goodwill	-39.95	-27.22	-	-	-
Gain (Loss) on Sale of Investments	-	752.01	670.93	578.64	315.74
Gain (Loss) on Sale of Assets	-	-7.53	-56.09	5.74	-0.98
Asset Writedown	-	-	-78.12	-	-4.37
Other Unusual Items	-249.88	154.68	-	6,052	-
Pretax Income	20,316	16,009	16,493	16,765	3,483
Income Tax Expense	4,751	2,936	3,166	1,989	800.62
Earnings From Continuing Operations	15,565	13,073	13,327	14,776	2,682
Minority Interest in Earnings	-3,327	-3,231	-2,335	-1,426	-308.5
Net Income	12,238	9,842	10,992	13,350	2,374
Net Income to Common	12,238	9,842	10,992	13,350	2,374
Net Income Growth	24.34%	-10.46%	-17.66%	462.43%	311.85%
Basic Shares Outstanding	358	357	358	357	357
Diluted Shares Outstanding	358	358	358	357	357
Shares Change (YoY)	0.01%	-0.06%	0.15%	0.13%	4.25%
EPS (Basic)	34.23	27.53	30.72	37.38	6.66
EPS (Diluted)	34.21	27.52	30.66	37.35	6.65
EPS Growth	24.31%	-10.24%	-17.92%	461.73%	294.66%
Dividend Per Share	2.500	2.500	2.500	2.500	1.200
Dividend Growth	-	-	-	108.33%	140.00%
Operating Margin	51.48%	49.55%	49.40%	49.96%	37.15%
Profit Margin	27.67%	26.46%	28.19%	51.32%	16.00%
EBITDA	26,371	21,618	21,955	15,267	7,359
EBITDA Margin	59.62%	58.12%	56.31%	58.69%	49.60%
D&A For Ebitda	3,603	3,190	2,691	2,272	1,848
EBIT	22,768	18,427	19,263	12,996	5,511
EBIT Margin	51.48%	49.55%	49.40%	49.96%	37.15%
Effective Tax Rate	23.39%	18.34%	19.20%	11.87%	22.99%
Revenue as Reported	45,936	39,645	41,099	27,546	15,579

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