Phoenix Mills Q4 net up 14% Rs 16cr

Real estate firm Phoenix Mills today said its net profit rose by 14 per cent to Rs 15.70 crore for the quarter ended March 31, 2010, over the same period last year.

Total income rose to Rs 34.47 crore for the quarter ended March 31, from Rs 21.14 crore in the same period last year, Phoenix Mills said in a filing to the Bombay Stock Exchange.

For the year ended March 31, 2010, the company has reported a net profit of Rs 58.76 crore, down 24.86 per cent over the same year-ago period.