Phoenix Mills Q2 profit rises 7% as office income surges
In short
Phoenix Mills reported Q2 results with profit up 7% and office income up 64% on higher occupancy.
The company also said EBITDA rose 6.5% to ₹710 crore and margin improved to 61.6%. The exact profit number and other details are not stated in the available reporting.
What the reporting says
Phoenix Mills reported a 7% rise in Q2 profit, with office income surging 64% on higher occupancy, according to the headline and publisher summary. The available reporting also says EBITDA increased 6.5% year on year to ₹710 crore from ₹667 crore, and the EBITDA margin improved to 61.6% from 59.8%. The exact profit figure and other segment details are not stated in the available reporting.
Why it matters
Phoenix Mills reported stronger quarterly performance, led by a 64% jump in office income and a 6.5% rise in EBITDA to ₹710 crore. The EBITDA margin also improved to 61.6% from 59.8%. The reporting says higher occupancy helped the office segment, but it does not give the full profit figure or break out the rest of the business in the available material.