while( $fetch = sqlsrv_fetch_array( $stmt , SQLSRV_FETCH_ASSOC) )
        {
                            //echo '<pre>';
                            print_r($fetch); exit;
                            $date=$fetch['Dt_Installment_Date'];
                            echo '<pre>'; print_r($date); exit;
        }

The current output that I am getting is as follows:

    <pre>DateTime Object
        (
            [date] => 2019-01-18 00:00:00.000000
            [timezone_type] => 3
            [timezone] => Europe/Berlin
        )

$result = $date->format('Y-m-d');

echo $result;