NEW DELHI: The Phoenix Mills has reported an increase of 32.61 per cent in its net consolidated profit during the quarter ended March 31, 2024. Its profit after tax stood at Rs 388.79 crore in Q4 FY24 as against Rs 293.19 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at Rs 1,343.14 crore in Q4 FY24, a growth of 77.96 per cent from Rs 754.73 crore it recorded in the similar quarter last year.
The board of directors recommended a final dividend of Rs. 5 per equity share of face value of Rs. 2 each (250%) for the financial year ended March 31, 2024.
The board approved the appointment of Kailash B Gupta as chief financial officer and key managerial personnel of the company with effect from May 17, 2024.