Metro Brands Q2 Profit Falls

  Published 7 months ago

Metro Brands reported a 31% QoQ profit decline despite revenue growth; festive demand and store expansion supported steady operational performance.

  • Net profit dropped 31% QoQ to ₹68.98 crore; revenue rose 3.65% QoQ and 11.22% YoY to ₹651.14 crore.
  • EBITDA grew 10% YoY to ₹171 crore with a 26.2% margin; finance costs surged 35% amid higher operating expenses.
  • 42 new stores opened; e-commerce sales jumped 39%, contributing 14.2% of revenue as festive demand boosted brand visibility.

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