The Phoenix Mills share jumps 6% on healthy Sept quarter business update

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The Phoenix Mills share jumps 6% on healthy Sept quarter business update - Business Standard

Quick Summary:

The rise in The Phoenix Mills share price came after the company reported a strong set of September quarter (Q2FY25) and (first half of Financial year 2025 (H1FY25) business update.

Gross retail collections for H1FY25, meanwhile, stood at about Rs 1,610 crore, up 29 per cent compared to the same period last year.

As of September 2024, the weighted average trading occupancy across major malls was 92 per cent, with a weighted average leased occupancy of 96 per cent.