The Phoenix Mills Announces Annual Results and Recommends Final Dividend of Rs. 2.50 Per Share

The Phoenix Mills Announces Annual Results and Recommends Final Dividend of Rs. 2.50 Per Share​

The Phoenix Mills Limited announced that its Board of Directors, in a meeting held on April 27, 2026, approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board also recommended a final dividend of Rs. 2.50 per equity share, with a face value of Rs. 2 per share.

During the meeting, the Company also ratified the re-appointment of N. A. Shah Associates LLP, Chartered Accountants, as Internal Auditor for the financial year 2026-27.

Financial Results for March 31, 2026​

The financial results for the period ending March 31, 2026, show total comprehensive income for the Group was 1,54,069.53 Lakhs, compared to 1,32,116.21 Lakhs in the previous year. The Net Profit after Tax for the financial year ended March 31, 2026, stood at 1,55,650.65 Lakhs, marking a significant increase from 1,30,733.94 Lakhs the previous year.

For the quarter ended March 31, 2026, the Group reported a Total Income of 1,29,436.34 Lakhs, compared to 1,16,847.36 Lakhs in the quarter ended December 31, 2025.

Audited Consolidated Financial Highlights​

Standalone Financial Highlights​

Balance Sheet and Cash Flow Position​

As of March 31, 2026, the Group's total assets stood at 22,85,266.37 Lakhs, an increase from 21,53,122.91 Lakhs the previous year. The total equity and liabilities reflected this movement.

Total Assets:

• March 31, 2026: 22,85,266.37 Lakhs
• March 31, 2025: 21,53,122.91 Lakhs

Cash and Cash Equivalents:
The cash and cash equivalents at the end of the year stood at 3,326.10 Lakhs, up from 2,277.14 Lakhs in the previous year.

Cash Flow from Operating Activities:
Net cash generated from operating activities reached 41,750.43 Lakhs for the year ended March 31, 2026, compared to 32,044.22 Lakhs in the previous year.

Corporate and Audit Details​

The Group recognized total exceptional losses of 2,898.21 Lakhs during the financial year ended March 31, 2026. This included impairment losses towards goodwill from past acquisitions. For the year ended March 31, 2025, the Group recognized a net exceptional gain of 1,274.63 Lakhs.

The Company also noted that the paid-up equity share capital increased to 7,152.69 Lakhs during the year ended March 31, 2026, following the allotment of 11,285 equity shares of Rs. 2 each under the ESOP scheme 2018.

The audit committee approved the financial results, and the statutory auditors, D T S & Associates LLP, confirmed the issuance of audit reports with an unmodified opinion on the standalone and consolidated financial results for the period.

PHOENIXLTD Stock Price Movement​

Today, The Phoenix Mills Limited shares edged higher, closing at ₹1799.7 after gaining 1.14%. The equity saw brisk trading activity, with a volume of 343,890 shares traded during the session.