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Metro Brands Ltd Q2FY24; 13% fall in Profits

The company is one of the largest Indian footwear & accessories specialty retailers and are among the aspirational Indian brands in the footwear category.Its a one-stop shop for of branded products for the entire family, including men, women, unisex, and children, and for every occasion, including casual and formal events.

Financial Results:

  • Metro Brands Ltd reported Revenues for Q2FY24 of ₹556.00 Crores up from ₹476.00 Crore year on year, a rise of 16.81%.
  • Total Expenses for Q2FY24 of ₹477.00 Crores up from ₹385.00 Crores year on year, a rise of 23.9%.
  • Consolidated Net Profit of ₹68.00 Crores down 12.82% from ₹78.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹2.45, down 12.81% from ₹2.81 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.

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