Phoenix Mills on recovery track, expansion plans in focus1 min read . Updated: 15 Aug 2022, 11:45 AM IST
- The management of Phoenix Mills has said that it plans to venture into warehousing and residential segments. For that, it would incur a capital expenditure of ₹350 to ₹450 crore
Mall developer Phoenix Mills Ltd. reported better-than-expected earnings performance on key parameters of revenue and Ebitda (earnings before interest, tax, depreciation and amortization) in the June quarter, which was aided by improving consumption at its malls.
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