The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: Excellent set of numbers, very pleased to see that. My first question is on the breakup of the minimum guarantee and the revenue share rentals
that you've given. Can you shed some more color on what has driven this breakup? Does it have something to do with lower minimum guarantee
as well with time versus last year? Or is minimum guarantee versus FY '20 also a significant jump up?
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: Yes. Yes. So maybe I didn't frame the question properly. My intent was to ask how high is MG in 1Q FY '23 over 1Q FY '20 on a portfolio basis or on
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: Okay. And given the rentals also look at one for Bangalore and Pune seems to have been extremely strong. Is that the run rate one can assume or
will -- can it be influenced by different sales momentum as well?
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AUGUST 12, 2022 / 6:30AM, PHOE.NS - Q1 2023 Phoenix Mills Ltd Earnings Call
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: Right. And is the metro work, which was impacting the Bangalore consumption earlier? Has that been completed? Or is it still going on the
performances despite that?
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: Right. Understood. And any comment on Chennai that still seems to be weaker than the others?
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: Understood. Two questions for Anuraag and Varun. One is what is the remeasured value now of your Classic Mall as per your books?
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: And on the debt side, how do you expect your borrowing cost to change -- your borrowing costs linked to repo, MCLR and how frequently does
it get reflect?
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AUGUST 12, 2022 / 6:30AM, PHOE.NS - Q1 2023 Phoenix Mills Ltd Earnings Call
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: Did I get it right, we should be expecting 110 basis point increase in your borrowing costs as of March '23.
Question: Puneet J. Gulati - HSBC, Research Division - Analyst
: Over March '22 number. Understood.
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