Phoenix Mills has delivered impressive results in its residential segment for Q3 FY26, showcasing strong growth momentum in the real estate market. The company's residential sales performance reflects robust demand and successful project execution during the quarter.

Strong Residential Sales Performance

The company reported gross residential sales of approximately ₹140.00 crores in Q3 FY26, representing a remarkable increase from the previous year's corresponding quarter. This performance demonstrates the company's ability to capitalize on market opportunities and deliver value to customers in the residential segment.

Year-on-Year Growth Analysis

The residential sales figures show substantial year-on-year improvement, with the company achieving a growth rate of 141.38% compared to Q3 FY25. The previous year's Q3 recorded gross residential sales of ₹58.00 crores, making the current quarter's performance particularly noteworthy.

This significant increase of ₹82.00 crores in absolute terms indicates strong market acceptance of the company's residential offerings and effective sales strategies. The growth trajectory suggests positive momentum in the residential real estate segment for Phoenix Mills.

Market Position and Performance

The substantial increase in residential sales reflects the company's strengthened position in the real estate market. The more than doubling of sales figures demonstrates the effectiveness of the company's residential project portfolio and its ability to meet market demand during Q3 FY26.

Phoenix Mills has reported consumption of approximately ₹4,787 crores for the third quarter of fiscal year 2026, demonstrating robust operational performance during the period.

Quarterly Performance Overview

The company's consumption figures for Q3 FY26 show a significant year-on-year improvement, with the ₹4,787 crores representing a 20% increase compared to the corresponding quarter of the previous fiscal year.

Growth Trajectory

The 20% year-on-year growth in consumption reflects the company's strengthening operational metrics. This double-digit growth rate indicates positive momentum in the company's business operations during the third quarter of the current fiscal year.

The consumption figure of ₹4,787 crores positions Phoenix Mills favorably in terms of operational scale and market presence. The consistent growth pattern suggests effective business execution and market positioning strategies.

Business Performance Analysis

The reported consumption growth of 20% demonstrates the company's ability to expand its operational footprint and enhance business performance. This growth rate indicates strong underlying business fundamentals and effective operational management during Q3 FY26.

The substantial consumption figure reflects the scale of Phoenix Mills' operations and its significant presence in the retail and commercial real estate sector. The year-on-year improvement showcases the company's capacity to drive business growth and operational efficiency.