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

Capital Market

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.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales436.61454.40 -4 1619.751824.61 -11 OPM %49.5043.94 -47.9946.42 - PBDT147.03120.77 22 485.40471.08 3 PBT95.7469.00 39 287.12275.77 4 NP103.7451.40 102 255.55190.96 34

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First Published: May 09 2018 | 4:00 PM IST

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