Date: October 08, 2026
Operational Reporting Change
The Phoenix Mills Limited has announced a significant change to its quarterly reporting methodology. The company will discontinue issuing separate quarterly operational business updates, which were previously provided shortly after the end of each quarter. This change takes effect starting from Q2 and H1 FY27 (Quarter ending September 2026).
New Consolidated Reporting Approach
Key operating metrics across the company's retail, office, hospitality, and residential portfolio will now be consolidated and reported within the quarterly financial results themselves. The financial results continue to be disclosed within a month of the end of each quarter. This change is intended to streamline reporting and provide stakeholders with a consolidated view of both operating and financial performance in a single disclosure.
Rationale and Implementation
The decision was made due to the short interval between the disclosure of the operational update and the quarterly financial results. The company believes this consolidated approach will provide a more efficient and comprehensive view of performance. This intimation has been uploaded to the company's website at the provided URL for investor access.
Compliance and Signatory
The announcement was made by Bhavik Manilal Gala, Company Secretary (Membership No. F8671), through a digital signature dated October 08, 2026, and addressed to both BSE Limited and National Stock Exchange of India Limited.