Phoenix Mills has announced its third quarter numbers. The company's Q3 net sales were up 49% at Rs 45.1 crore versus Rs 30.2 crore.
Its net profit was up 133% at Rs 23.8 crore versus Rs 10.2 crore.
Its OPM was at 72.6% versus 58.7%.
The company has paid all its debt on standalone basis.
High Street Phoenix has footfall of 1.5 million in Dec 2010, average consumption for the property is around Rs 75 crore per month in the quarter, which is the record for the company.
Source: http://www.moneycontrol.com/
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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