Conference Call with Metro Brands Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Footwear company Metro Brands announced Q3FY25 results Financial Highlights: Standalone revenue of Rs 688 crore, marking a YoY growth of 10% in sales. EBITDA margin: 32.6% for Q3FY25. PAT margin 13.7% for Q3FY25. Other Highlights: During the nine months ending December 31, 2024, the company opened 61 new stores, offset by 4 closures during the same period Company is committed to achieving overall target of 225 store openings by FY26. Nissan Joseph, CEO of Metro Brands, said: "The third quarter of FY25 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." Result PDF
Footwear company Metro Brands announced Q2FY25 results Revenue for Q2FY25 of Rs 567 crore and maintained a stable gross profit margin of 55%. PAT margin of 11.6%. For the H1FY25, with standalone revenue of Rs 1,130 crores and a PAT margin of 14%. Metro Brands has added 35 stores in H1FY25 and the Company is on track to open 100 stores this year. Nissan Joseph, CEO of Metro Brands, said: "During the Q2FY25 we have maintained stable profitability and strengthened our operational control, demonstrating the resilience of our business model. We will continue to focus on strategic execution and innovative retail formats and strategic partnerships like the upcoming New Era Kiosk and the Hey Dude launch, while driving sustained growth and unlocking new opportunities in the evolving footwear market." Result PDF