5031002022-04-012022-06-305031002022-04-012022-06-30in-bse-fin:OtherExpenses1Member5031002022-04-012022-06-30in-bse-fin:OtherExpenses2Member5031002022-04-012022-06-30

ItemsThatWillNotBeReclassifiedToProfitAndLoss1

iso4217:INRiso4217:INRxbrli:shares

503100

PHOENIXLTD

NOTLISTED

INE211B01039

THE PHOENIX MILLS LIMITED

Equity

2022-04-01

2023-03-31

2022-08-11

2022-08-04

INR

Lakhs

First quarter

Single segment

Property and related Services

2022-08-11

16:00:00

2022-08-11

19:10:00

Not applicable

2022-04-01

2022-06-30

Unaudited

Standalone

1122243000

401518000

1523761000

79029000

146038000

71033000

306845000

602945000

920816000

138358000

-49763000

88595000

832221000

629000

832850000

357091000

4.66

1. The above Financial Results of the Company for the quarter ended 30th June, 2022 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 11th August, 2022. 2. During the quarter ended 30th June, 2022 the company has issued 25,500 equity shares under ESOP scheme 2007 and 600 equity shares under ESOP scheme 2018 at an exercise price of Rs.333.90/- and 726.39/- per equity share respectively. 3. Other Income for the quarter ended 30th June, 2022, includes interim dividend received of Rs 3348.68 Lakhs from its wholly owned subsidiary, Classic Mall Development Company Limited. 4. Exceptional item for the quarter ended 30th June, 2021 refers to the profit on sale of partial investments in two subsidiaries (Offbeat Developers Private Limited and Vamona Developers Private Limited), whilst retaining control thereon. Exceptional item for the year ended 31st March, 2022 refers to the profit on sale of partial investments in three subsidiaries (Offbeat Developers Private Limited and Vamona Developers Private Limited, Plutocrat Commercial Real Estate Private Limited), whilst retaining control thereon. 5. The Company is predominantly engaged in the business of property and related services, whose results are reviewed regularly by chief operating decision maker for making decisions about resource allocation and performance assessment. As such, there are no separate reporting segments as per Ind-AS108. 6.The Scheme or Amalgamation ("Scheme") under section 230 to 232 of the Companies Act, 2013 for merger of the company's Subsidiary, Phoenix Hospitality Company Private Limited ("PHCPL"), with the Company, from the Appointed Date of 1st April 2019, has been approved by the Hon'ble National Company Law Tribunal ("NCLT") vide their Order dated 21st December, 2021, which has become effective on 11th January, 2022. The effect of the said merger had, accordingly, been accounted for in the quarter ended 31st December 2021. The shares to be Issued to the shareholders of the transferor company pursuant to the said Scheme were shown under Equity share suspense account for the quarter ended 30th June 2021 and accordingly were considered while calculating earnings per share (EPS) for that quarter as per Indian Accounting Standard (Ind AS 33 "Earning per Share"). The said shares were allotted during the quarter ended 31st March 2022. The figures of the previous periods have been adjusted to give the effect of the Scheme from its appointed date i.e. from 1st April, 2019. 7. The figures for the quarter ended 31st March, 2022 are the balancing figures between the audited figures in respect of full financial year ended 31st March, 2022 and unaudited published year to date figures upto the nine months of the relevant financial year which were subject to limited review by the Statutory Auditors. 8. Previous year figures have been regrouped and rearranged wherever necessary to make them comparable with current period.

Electricity Expenses

33360000

Other Expenses

273485000

Total Amount of items that will not be reclassified to profit and loss

629000