Phoenix Investment Company Limited announced earnings results for the first quarter ended September 30, 2019. For the first quarter, the company announced sales was MUR 1,781.446 million compared to MUR 1,634.026 million a year ago. Operating income was MUR 96.317 million compared to MUR 64.740 million a year ago. Net income was MUR 20.036 million compared to MUR 12.835 million a year ago. Basic earnings per share was MUR 3.52 compared to MUR 2.26 a year ago.