Mumbai, July 9 -- The company's retail portfolio continued to deliver robust growth, with consumption rising 32% year-on-year (YoY) to Rs 4,727 crore during the quarter across its existing operational assets. The performance was driven by healthy consumer demand across most malls, while select assets benefited from ongoing repositioning and premiumisation initiatives aimed at enhancing tenant mix and customer experience.

During the quarter, Phoenix MarketCity Pune was relaunched as Phoenix Avenue of Stars, reflecting the next phase of the asset's evolution with a refreshed premium brand mix tailored to Pune's experience-led consumption landscape.

The hospitality business maintained its growth momentum, with The St. Regis Mumbai and Cour...