Mirabel Entertainment successfully increased its paid-up capital by approximately ₹1.49 crore through a right issue of 4.35 lakh shares. However, Phoenix Mills' stake in the company decreased to 35.49% as they chose not to participate in this fundraising round.

Phoenix Mills has lowered its ownership in Mirabel Entertainment to 35.5%, following the distribution of approximately 4.35 million new shares, reducing their initial 50% stake.

Phoenix Mills' Q4 earnings show a 6.3% rise in net profit to Rs 54.8 Crore, while sales climbed by 8.5% to Rs 135.45 Crore compared to the previous year. EBITDA also increased by 8.7% to Rs 99.28 Crore, with earnings per share (EPS) improving to Rs 1.53 from last year's Rs 1.44.

HDFC Securities recommends buying Maruti Suzuki and Phoenix Mills, while maintaining a hold on Motherson Sumi Wiring India due to ongoing supply chain challenges. The Q4 results of these companies show mixed to positive trends.

Phoenix Mills' Q4 Profit After Tax (PAT) experienced a notable 50% year-on-year growth, reaching INR 403 crore. This strong performance indicates a successful quarter for the company.

Phoenix Mills' Q4 net profit surged by 50%, reaching INR 403 crores, with revenue increasing by 21.4% to INR 1,233.1 crores. EBITDA grew by 34% and the margin expanded to 60%. A final dividend of INR 2.50 per share is proposed.

Phoenix Mills reported a profit of INR 270 crores in their FY26 results, with total income reaching INR 67.93 crores. The board proposed a dividend of INR 2.50 per share (subject to shareholder approval), and internal auditors have been reappointed for the following year.

Phoenix Mills announced a dividend payout of INR 2.5 per share, offering a return to investors.

Phoenix Mills, a leading retail property developer, aspires to sustain robust double-digit growth over the next decade, backed by solid long-term demand forecasts and an effective execution plan.

Phoenix Mills recorded a significant increase in both Q4 net profit and revenue, with the net profit surging by 49.3% year-on-year to ₹4.03 billion, while revenue grew by 20.8% YoY to ₹12.33 billion.

Phoenix Mills has successfully raised rent by 20% in over 120 lease agreements this cycle, suggesting a strong market position. The company plans to expand its presence and anticipates double-digit growth in the upcoming year through strategic initiatives in Bangalore and Pune.

Phoenix Mills has set a goal of expanding its total gross leasable area (GLA) to 27 million square feet by 2030. The company also anticipates a 16% increase in revenue by the fiscal year 2026.

Phoenix Mills' financial year 2026 earnings show a significant improvement, with profit increasing by 24% to INR 1,224 crore and revenue up by 16%. The surge in retail consumption by 21% aligns with this growth. The operating free cash flow also increased by 23%, suggesting strong financial health for the company.

Phoenix Mills plans to expand its presence to three additional cities – Hyderabad, Jaipur, and Navi Mumbai by financial year 2027, marking a strategic move towards growth in high-potential markets.

Phoenix Mills Ltd. shows impressive Q4 FY26 results with an upgrade in the profit trend due to high revenue. This strong performance indicates successful operations and beneficial market circumstances.

The Nifty Realty index experienced a significant 24% surge in April, marking superior performance compared to the Nifty 50. Notably, companies like Sobha, Godrej Properties, Phoenix, and others have bounced back by up to 37% from their 52-week lows. However, the real estate sector is currently grappling with cost pressures due to ongoing geopolitical tensions.

On April 27, 2026, Phoenix Mills Ltd will announce its FY26 audited financial results. As per regulatory requirements, trading will remain suspended until 48 hours after the announcement.

The Nifty MidCap index has experienced a significant 14% surge since April low, surpassing its 200-day moving average, indicating a potential bullish reversal and a possible approach towards 31,000. Analysts are optimistic about stocks like Waaree Energies, BSE, and Phoenix Mills, projecting potential returns of up to 40.3%.

Phoenix Mills, a prominent company in the real estate sector, recently executed a significant block deal of approximately 211,411 shares on NSE, valued at INR 36.1 crore. The transaction was made at an average price of around INR 1,708 per share.

Phoenix Mills' retail sales for the fiscal year 2026 surged by 21% YoY, reaching an impressive figure of INR 16,578 Crores. The company's office leasing also saw growth, with 4.8 million square feet occupied at a rate of 70%. Remarkably, residential sales doubled to INR 471 Crores in the same period.