Phoenix Mills Sets October 30 Board Meeting to Review September-Quarter Results

What happened

The Phoenix Mills Ltd has set October 30, 2026 as the date for its board to approve unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026. The schedule was recorded on October 23, 2026, and was carried in a market news item that day.

The scheduling notice covers only the meeting date and agenda. It does not contain results, guidance or project-level updates. Last year's comparable meeting for the September quarter took place on October 31, 2025, according to the company's filing for that meeting.

Last reported quarter (Q1 FY27)

For the quarter ended June 30, 2026, the company reported the following:

• Revenue from operations of ₹1,074.94 crore, down 12.84% from the previous quarter and up 12.80% year on year.
• Operating EBITDA of ₹642 crore, up about 14% from ₹564 crore in Q1 FY26.
• Consolidated net profit of ₹296.86 crore, up 23.35% from ₹240.69 crore a year earlier, according to a July 29, 2026 market report. The same report said profit fell 26% from the previous quarter.
• Total retail consumption across operating malls of ₹4,727 crore, up 32% year on year.
• A loss before tax of ₹119.05 crore in the residential segment.

The board approved these results on July 28, 2026.

Full-year FY26 figures

The company's audited FY26 results, announced on April 27, 2026, reported consolidated revenue of ₹4,593.55 crore and consolidated profit after tax of ₹1,556.61 crore for the year ended March 31, 2026. The investor presentation for the annual general meeting gave a different revenue figure of ₹4,423 crore, up 16% year on year, with net profit after tax of ₹1,224 crore. The two sets of figures differ, so readers should check which basis each one uses.

The board recommended a final dividend of ₹2.50 per share for FY26. Shareholders approved it at the annual general meeting on September 28, 2026.

Share price and trading window

On October 23, 2026, the stock closed at ₹1,872.30 on the NSE after trading between ₹1,847.20 and ₹1,912.80 during the day. This was a fall of 1.97% from the prior close of ₹1,909.90. The stock's 52-week range is ₹1,465.60 to ₹2,169.80.

Trading in company securities has been closed for designated persons since October 1, 2026. The window stays closed until 48 hours after the September-quarter results are declared.

What it means for buyers and investors

The meeting itself is a routine step in the company's reporting cycle. No named source has tied it to a change in home prices, project launches or housing supply.

The company is mainly a retail property owner. Its residential segment posted a loss in Q1 FY27, so the results for this quarter are most relevant to investors. Home buyers would not see a direct effect from the meeting. The mall operator's occupancy and leasing numbers, which the company reports in its results, show how office and retail demand are holding up.

• Portfolio occupancy was about 70% at the end of FY26.
• The company completed about 2.2 million sq. ft of gross leasing in FY26.
• Office assets in Mumbai and Pune were 83% leased, and the three assets completed in 2025 were 62% leased.

What comes next

• October 30, 2026: the board meets to approve the standalone and consolidated results for the quarter and half-year ended September 30, 2026.
• After the results: the trading window reopens 48 hours after the results are declared.
• Mall projects in Thane and Kolkata: the company says these are under execution. No opening dates have been announced.