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Metro Brands Ltd Q1FY24; 11% fall in Profits

As of September 30, 2021, Metro Brands operated 598 Stores across 136 cities spread across 30 states and union territories in India. Metro Brands targets the economy, mid and premium segments in the footwear market, Metro Brands had the 3rd highest number of exclusive retail outlets in India.

Financial Results:

Metro Brands Ltd reported Revenues for Q1FY24 of ₹583.00 Crores up from ₹508.00 Crore year on year, a rise of 14.76%.

Total Expenses for Q1FY24 of ₹468.00 Crores up from ₹377.00 Crores year on year, a rise of 24.14%.

Consolidated Net Profit of ₹94.00 Crores down 11.32% from ₹106.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.42, down 11.40% from ₹3.86 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: AlphaGraphs Retail
Tags: Footwear
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