Phoenix Mills has allotted 6,419 equity shares under ESOP on 17 January 2025. Consequent upon allotment of the above shares, the paid-up equity share capital of the Company stands increased from Rs 71,50,05,230 consisting of 35,75,02,615 equity shares of Rs 2/- each to Rs 71,50,18,068 consisting of 35,75,09,034 equity shares of Rs 2/- each. Powered by Capital Market - Live

On a like-for-like basis, excluding Phoenix Mall of the Millennium and Phoenix Mall of Asia, consumption grew by 10% year-on-year. Consumption for the quarter was driven by a strong festive season, led by PMC Mumbai, PMC Pune, Phoenix Palassio, and the continued ramp-up at Phoenix Mall of the Millennium and Phoenix Mall of Asia (launched in September and October 2023, respectively). On a nine-month basis, the company's consumption totaled approximately Rs 10,504 crore in 9M FY25, marking a 23% increase compared to 9M FY24. On a like-for-like basis, excluding Phoenix Mall of the Millennium and Phoenix Mall of Asia, consumption grew by 8% year-on-year. The expansion at Phoenix Palladium, Mumbai, was recently completed, adding approximately 250,000 square feet of gross leasable area to this asset. The new annex building houses a diverse range of retail stores, including Uniqlo, Lifestyle, Celio, Ecco, and San-Cha Tea, among others. These stores were launched in phases throughout November and December 2024, with more store launches planned for the upcoming quarters. The Phoenix Mills is India's largest retail led mixed-use developer. Its operations span across most aspects of real estate development; planning, execution, marketing, management, maintenance & sales. The group has real estate assets in Mumbai, Bengaluru, Chennai, Pune, Raipur, Agra, Indore, Lucknow, Bareilly & Ahmedabad. The company reported 13.7% decline in consolidated net profit to Rs 218.10 crore on 4.9% increase in net sales to Rs 917.97 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Phoenix Mills Ltd fell 2.56% today to trade at Rs 1653.15. The BSE Realty index is down 0.4% to quote at 7995.76. The index is down 6.04 % over last one month. Among the other constituents of the index, Oberoi Realty Ltd decreased 1.56% and Macrotech Developers Ltd lost 0.83% on the day. The BSE Realty index went up 16.88 % over last one year compared to the 9.14% surge in benchmark SENSEX. Phoenix Mills Ltd has lost 11.23% over last one month compared to 6.04% fall in BSE Realty index and 4.05% drop in the SENSEX. On the BSE, 573 shares were traded in the counter so far compared with average daily volumes of 17225 shares in the past one month. The stock hit a record high of Rs 2068.15 on 18 Jul 2024. The stock hit a 52-week low of Rs 1135.53 on 29 Jan 2024.Powered by Capital Market - Live

Phoenix Mills Ltd gained 2.46% today to trade at Rs 1696.5. The BSE Realty index is up 0.35% to quote at 8401.5. The index is up 6.98 % over last one month. Among the other constituents of the index, Oberoi Realty Ltd increased 0.17% and Anant Raj Ltd added 0.11% on the day. The BSE Realty index went up 39.36 % over last one year compared to the 10.49% surge in benchmark SENSEX. Phoenix Mills Ltd has added 4.36% over last one month compared to 6.98% gain in BSE Realty index and 0.7% drop in the SENSEX. On the BSE, 1219 shares were traded in the counter so far compared with average daily volumes of 11302 shares in the past one month. The stock hit a record high of Rs 2068.15 on 18 Jul 2024. The stock hit a 52-week low of Rs 1109 on 28 Dec 2023.Powered by Capital Market - Live

Phoenix Mills Ltd fell 0.38% today to trade at Rs 1832.55. The BSE Realty index is down 0.81% to quote at 8414.4. The index is up 15.02 % over last one month. Among the other constituents of the index, Macrotech Developers Ltd decreased 0.35% and Sobha Ltd lost 0.19% on the day. The BSE Realty index went up 37.79 % over last one year compared to the 15.17% surge in benchmark SENSEX. Phoenix Mills Ltd has added 26.72% over last one month compared to 15.02% gain in BSE Realty index and 4.53% rise in the SENSEX. On the BSE, 79 shares were traded in the counter so far compared with average daily volumes of 10617 shares in the past one month. The stock hit a record high of Rs 2068.15 on 18 Jul 2024. The stock hit a 52-week low of Rs 1071.93 on 21 Dec 2023.Powered by Capital Market - Live

Phoenix Mills Ltd fell 1.34% today to trade at Rs 1779.35. The BSE Realty index is down 0.27% to quote at 8368.16. The index is up 5.91 % over last one month. Among the other constituents of the index, Godrej Properties Ltd decreased 0.48% and Sunteck Realty Ltd lost 0.46% on the day. The BSE Realty index went up 43.91 % over last one year compared to the 17.63% surge in benchmark SENSEX. Phoenix Mills Ltd has added 17.63% over last one month compared to 5.91% gain in BSE Realty index and 1.74% rise in the SENSEX. On the BSE, 378 shares were traded in the counter so far compared with average daily volumes of 10927 shares in the past one month. The stock hit a record high of Rs 2068.15 on 18 Jul 2024. The stock hit a 52-week low of Rs 1071.93 on 21 Dec 2023.Powered by Capital Market - Live

Net profit of Phoenix Mills declined 13.66% to Rs 218.10 crore in the quarter ended September 2024 as against Rs 252.62 crore during the previous quarter ended September 2023. Sales rose 4.91% to Rs 917.97 crore in the quarter ended September 2024 as against Rs 875.02 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales917.97875.02 5 OPM %56.3957.82 - PBDT451.68441.11 2 PBT374.15375.19 0 NP218.10252.62 -14 Powered by Capital Market - Live

Phoenix Mills will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live

Gross retail collections jumped 27% YoY to around Rs 812 crore in the quarter ended 30 September 2024. On half yearly basis, the company's total consumption increased 25% YoY approximately to Rs 6,506 crore, consumption growth was driven by strong performance in Phoenix Palassio and Phoenix MarketCity Mumbai, supported by ramp up in the newly launched malls. Gross retail collections stood at around Rs 1,610 crore, up 29% YoY in H1 FY25. The Phoenix Mills is India's largest retail led mixed-use developer. Its operations span across most aspects of real estate development; planning, execution, marketing, management, maintenance & sales. The group has real estate assets in Mumbai, Bengaluru, Chennai, Pune, Raipur, Agra, Indore, Lucknow, Bareilly & Ahmedabad. The company reported 3.3% decline in consolidated net profit to Rs 232.54 crore on 11.5% increase in net sales to Rs 904.14 crore in Q1 FY25 over Q1 FY24.Powered by Capital Market - Live

Securities in F&O ban: SAIL, Bandhan Bank, Birlasoft, Gujarat Narmada Valley Fertillisers & Chemicals (GNFC), Granules India, Hindustan Copper, IDFC First Bank, Manappuram Finance, Punjab National Bank, RBL Bank Upcoming results Western Carriers, GTPL Hathway, Kretto Syscon, Lotus Chocolate, Rhetan TMT, and Vivid Mercantile will release their quarterly earnings scorecard on October 9. Stocks to watch: Phoenix Mills recorded retailer consumption of Rs 3,289 crore in the quarter ended September 2024, marking a growth of 25% growth compared to the year-age a period. Gross retail collections stood at Rs 812 crore in Q2 FY25, representing a 27% YoY increase. The weighted average trading occupancy across these malls was 92% while the weighted average leased occupancy across these malls stood at 96% in September 2024. Signature Global reported a 184% YoY growth in pre-sales, amounting Rs 2,780 crore. However, pre sales declined by 11% sequentially in Q2 FY25. The company sold 2.38 million square feet in Q2 FY25, up 143% YoY and 27% QoQ. Collections during the September 2024 quarter jumped 28% YoY to Rs 920 crore, Infosys announced collaboration with Nasdaq-listed Old National Bank for strategic expansion. Old National will leverage Infosys' services, solutions, and platforms for operations transformation and process digitization powered by automation and generative AI (GenAI). Dr Reddys Laboratories' subsidiary , Augriene Oncology has announced phase 1 results for ibrecabtagene autoleucel (DRL-1801) from the SWASTH study. The Drugs Controller General of India has approved the commencement of the Phase 2 part of the trial. The SWASTH study is India's first trial for a novel autologous BCMA-directed CAR-T cell therapy in patients with relapsed/refractory multiple myeloma. IRB Infrastructure Developers and IRB Infrastructure Trust reported a collective toll revenue growth of 19.2% YoY in September, generating Rs 501.8 crore compared to Rs 421 crore in the same month last year. Indian Railway Finance Corporation (IRFC) board has approved financing up to Rs 700 crore under finance lease for 20 BOBR rakes procured under the General-Purpose Wagon Investment Scheme (GPWIS) of the Ministry of Railways for NTPC. The Board also appointed Ajoy Choudhury as Chief Risk Officer for a fixed tenure of two years. PB Fintech said that The Insurance Regulatory and Development Authority of India (IRDAI) conducted an inspection of Policybazaar Insurance Web Aggregator (now Policybazaar Insurance Brokers, a wholly-owned subsidiary of PB Fintech) from June 1 to June 5, 2020. Following the inspection, the regulator issued a show-cause notice highlighting several observations about the subsidiary. Additionally, a Letter of Advice was issued for maintaining specific documentation, systems and processes, disclosures, and timely filing of certain returns. The notice is not expected to have any material financial impact on the company.Powered by Capital Market - Live