Most of the speech enhancement algorithms rely on estimating the magnitude spectrum of the clean speech signal from that of the noisy speech signal using either spectral regression or spectral masking. Because of difficulty in processing the phase of the short time Fourier transform (STFT), noisy phase is reused while synthesizing the waveform from the enhanced magnitude spectrum. In order to demonstrate the significance of phase in speech enhancement, we compare the phase obtained from different reconstruction methods, like Griffin and Lim, minimum phase, with that of the gold phase (clean phase). In this work, spectral magnitude mask (SMM) is estimated using deep neural networks to enhance the magnitude spectrum of the speech signal. The experimental results showed that gold phase outperforms the phase reconstruction methods in all the objective measures, illustrating the significance of enhancing the noisy phase in speech enhancement. © 2020 IEEE.