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Q4 2021 Phoenix Mills Ltd Earnings Call Transcript
Ladies and gentlemen, you are connected to the Phoenix Mills conference call. (Operator Instructions)
Ladies and gentlemen, good day, and welcome to the Q4 and FY '21 results conference call of the Phoenix Mills Limited. (Operator Instructions)
Management of the company is being represented by Mr. Shishir Shrivastava, Managing Director; Mr. Varun Parwal, Deputy CFO; and [Mr. Pawan Kamani], Deputy CFO. (Operator Instructions)
Please note this conference call is being recorded. At this time, I would like to hand over the conference to Mr. Shrivastava. Thank you, and over to you, sir.
Thank you. A very good afternoon, ladies and gentlemen. And I hope that you are all keeping well and staying safe. We take pleasure in welcoming you all to discuss the operating and financial performance of the fourth quarter and the full year of FY '21.
We'll first talk about retail. Consumption swiftly recovered from Q3 FY '21 onwards on account of increase in
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