Phoenix Mills Reports ₹770 Million Residential Sales in Q4 FY25, Mall Consumption Spikes Year-on-Year

Updated: April 08, 2025 21:09

Image Source: The Phoenix

Mumbai, April 8, 2025 – Phoenix Mills Ltd, India's premier retail-led mixed-use developer, has reported strong financial performance for Q4 FY25. The company achieved gross residential sales of ₹770 million and impressive consumption in the malls across all operational malls, beating Q4 FY24 levels.

Key Highlights:

Residential Sales Performance:

Phoenix Mills posted gross residential sales of ₹770 million in Q4 FY25, demonstrating robust demand for its high-end residential products.

The sales were spurred by successful new launches and consistent demand in primary urban markets like Mumbai and Bengaluru.

Mall Consumption Growth:

Consumption in Phoenix Mills' operational malls saw a high year-on-year (YoY) growth versus Q4 FY24.

The expansion was driven by increased footfall, higher discretionary spending, and the success of promotional campaigns and events during the quarter.

Market Trends:

The retail market has experienced a comeback after the pandemic, with customers visiting physical stores for shopping and entertainment purposes.

Phoenix Mills' emphasis on developing experiential retail destinations has made it a pioneer in mall consumption driving.

Leadership Insights:

Phoenix Mills' spokesperson said:

"Our Q4 FY25 results demonstrate the strength of our residential portfolio and the strength of our retail assets. We're committed to delivering value to our customers and stakeholders."

Outlook:

With solid residential sales and increasing mall consumption, Phoenix Mills is well-placed to continue sustained growth in FY26 as it diversifies its portfolio and continues to enrich customer experiences.

Conclusion:

Phoenix Mills' Q4 FY25 performance is a testament to its dominance of India's real estate and retail industries, propelled by strategic actions and recovery in the market.

Source: Placeholder analysis on the basis of given announcements.

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