Phoenix Mills Strong End To FY23 All Eyes On LTL Growth For FY24E ICICI Securities

Phoenix Mills  Strong End To FY23 All Eyes On LTL Growth For FY24E ICICI Securities

The Phoenix Mills Ltd. clocked March 2023 like-to-like consumption across malls at 111% of March 2019 levels (March 2020 was first Covid impacted month hence not comparable). However, March 2023 LTL consumption was at 106% of March 2022 levels. As we have been highlighting, while the FY23 LTL consumption was…Read More

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