• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Equity | News | Hot Pursuit
Hot Pursuit
Phoenix Mills posts Q1 net loss at Rs 51 cr
(17:17, 30 Jul 2020)

On a consolidated basis, net sales slumped 78.1% to Rs 134.71 crore in Q1 June 2020 compared with Rs 615.04 crore in Q1 June 2019. Pre-tax loss stood at Rs 53.77 crore in Q1 June 2020 as against pre-tax profit of Rs 170.29 crore in Q1 June 2019. The result was announced post trading hours yesterday, 29 July 2020.

EBITDA tanked 75.98% to Rs 70.30 crore in Q1 FY21 as against Rs 292.70 crore in Q1 FY20. EBITDA margin improved to 52% in Q1 FY21 as against 48% in Q1 FY20.

The average cost of borrowing declined to 9.14% in Q1 June 2020 from 9.19% in Q4 March 2020. 86% of debt is long-term. Debt on the operational portfolio is primarily lease-rental discounting for retail and commercial or backed by steady hotel revenues.

The Phoenix Mills group is the largest player in the Indian retail mall segment, and has a portfolio of of eight retail mall assets across major cities in the country. It also has an office portfolio of in Mumbai and Pune, two operational hotels (one in Mumbai and another in Agra), and residential real estate in Bengaluru and Chennai.

Shares of The Phoenix Mills rose 3.14% to Rs 614. The stock traded in the range of Rs 595.50 to Rs 628.15 during the day.

Powered by Capital Market - Live News

DB (International) Stock Brokers Limited: SEBI Reg. No.-INZ000179035 / CDSL : IN-DP-CDSL-266-2004 MCX-SX:INE 260643233/21500(CD)
Daga Commodities Private Limited: SEBI Reg. No. INZ000028833
Investor Grievances Email ID: compliance@dbonline.in & investors@dbonline.in
Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries