| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 703.09 | 20.1% |
| Total Income | 726.29 | 19.3% |
| Expenditure | 567.02 | 10.1% |
| PBT | 159.27 | 69.5% |
| Net Profit | 95.08 | 32.5% |
| OPM | 6.70% | 9.03pp |
| NPM | 13.00% | 1.26pp |
| EPS | 3.48 | 35.9% |
Metro Brands Limited Reports Steady Performance in Q3 FY 2024-25
17 Jan 2025 · 17 Jan 2025, 01:24 am
Summary
Metro Brands Limited, a leading footwear specialty retailer in India, announced its Standalone and Consolidated Financial Results for the quarter ended December 31, 2024. The company recorded a Standalone revenue of X688 crore, marking a year-on-year growth of 10% in sales. The company delivered a 32.6% EBITDA margin and a 13.7% PAT margin. The quarter saw the launch of the first Foot Locker store and the first kiosk for New Era, along with strategic partnerships with celebrities. The company opened 61 new stores, offset by 4 closures, and remains committed to achieving its target of 225 store openings by FY26.
Key Highlights
- 1
Steady growth in Q3 FY 2024-25 with 10% YoY sales growth
- 2
32.6% EBITDA margin and 13.7% PAT margin
- 3
Launch of the first Foot Locker store and New Era kiosk
- 4
Strategic partnerships with celebrities like Triptii Dimri, Vijay Varma, Shanaya Kapoor, and Vedang Raina
- 5
61 new stores opened, offset by 4 closures
Management Comments
Mr. Nissan Joseph
CEO of Metro Brands Limited
The third quarter of FY 2025 reflects steady progress for Metro Brands as we build on the momentum of the festive season. I am pleased with the growth of 13% EBITDA and an 18% in PBT growth reflecting our continued focus on operational rigour. The launch of the Foot Locker store and New Era kiosk, combined with our strategic partnerships with celebrities, has enhanced our brand visibility and customer engagement. We remain optimistic about our initiatives and are committed to delivering continued value for our customers and stakeholders as we move into the final quarter of the year.
Informational and educational content only. Not investment advice.