Phoenix Mills consolidated net profit rises 101.83% in the March 2018 quarter

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Sales decline 3.92% to Rs 436.61 crore
Net profit of Phoenix Mills rose 101.83% to Rs 103.74 crore in the quarter ended March 2018 as against Rs 51.40 crore during the previous quarter ended March 2017. Sales declined 3.92% to Rs 436.61 crore in the quarter ended March 2018 as against Rs 454.40 crore during the previous quarter ended March 2017.For the full year,net profit rose 33.82% to Rs 255.55 crore in the year ended March 2018 as against Rs 190.96 crore during the previous year ended March 2017. Sales declined 11.23% to Rs 1619.75 crore in the year ended March 2018 as against Rs 1824.61 crore during the previous year ended March 2017.
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First Published: May 09 2018 | 4:00 PM IST