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. Presenting below are its Q2 FY26 earnings results.
Q2 FY26 Earnings Results
Standalone Revenue from Operations: ₹635.97 crore, up 12.2% YoY from ₹566.73 crore in Q2 FY25.
Consolidated Revenue: ₹651.14 crore, up 11.2% YoY from ₹585.45 crore.
Standalone Profit After Tax (PAT): ₹64.10 crore, down 2.4% YoY from ₹66 crore.
Consolidated PAT: ₹69 crore, down 2% YoY from ₹72 crore.
EBITDA: ₹171 crore, up 10% YoY.
Gross Margin: 55%.
PAT Margin: Approximately 10%.
Stores: Opened 42 new stores during Q2 FY26 plus expansions including Foot Locker and New Era brands.
E-commerce Sales: ₹90 crore, growing 39% YoY, continuing to be a key growth driver.
Employee Strength: Not specifically stated in Q2, but prior quarters around 3000+ employees.
Management Commentary & Strategic Decisions
Nissan Joseph, CEO of Metro Brands, commented:
“We delivered continued growth performance this quarter, improving gross margins and EBITDA in line with sales improvement. We are focused on enhancing customer experience across channels and building growth through store expansion and digital investments. The launch of Clarks Cloudsteppers in over 200 stores enhanced our brand portfolio. Our omni-channel business and new store openings support steady momentum.”
Management emphasized:
-
Maintaining focus on multi-channel retail, leveraging both physical stores and digital platforms.
-
Continuing investments in brand portfolio expansion and deepening penetration in tier 2 and tier 3 cities.
-
Driving profitable growth while maintaining healthy gross margins.
-
Commitment to innovation and new customer engagement models including loyalty programs, digital marketing, and product launches.
Q1 FY26 Earnings Results
Standalone Revenue: ₹615.09 crore, up 9.2% YoY from ₹563.21 crore in Q1 FY25.
Standalone PAT: ₹99.62 crore, up 7% YoY from ₹92.35 crore.
Consolidated Revenue: ₹628.24 crore, up 9.05% YoY.
Consolidated PAT: ₹98.51 crore, up 7.4% YoY.
Digital/E-commerce: Saw continued growth, supporting revenue diversification.
Store Expansion: Continued aggressive store openings and brand additions.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.