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Phoenix Mills standalone net profit declines 97.84% in the June 2020 quarter

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Capital Market

Sales decline 64.55% to Rs 40.16 crore

Net profit of Phoenix Mills declined 97.84% to Rs 0.77 crore in the quarter ended June 2020 as against Rs 35.63 crore during the previous quarter ended June 2019. Sales declined 64.55% to Rs 40.16 crore in the quarter ended June 2020 as against Rs 113.28 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales40.16113.28 -65 OPM %66.9161.85 -PBDT12.3556.46 -78 PBT0.8445.84 -98 NP0.7735.63 -98

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First Published: Jul 30 2020 | 8:33 AM IST

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