Phoenix Mills Ltd Reports Strong Performance in FY25 with 16% EBITDA Growth in Core Businesses

The Phoenix Mills Ltd, a leading retail-led mixed-use developer and operator, released its annual general meeting presentation. The company reported a robust performance in FY25, with retailer sales increasing from Rs. 2,570 cr in FY13 to Rs. 13,750 cr in FY25. The core businesses, including retail, offices, and hotel, delivered steady growth with revenue from Rs. 3,507 cr in FY25 and operating EBITDA of Rs. 2,111 cr, up 16% from FY24. The consolidated group performance showed a decrease in revenue and flat EBITDA compared to FY24.