Categories Earnings, Retail

Metro Brands Q4FY23 Earnings Story

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 Total Income for Q4FY23 of ₹ 563 Crores up from ₹ 416 Crore year on year, a rise of 35%.

  • Total Expenses for Q4FY23 of ₹ 468 Crores up from ₹ 323 Crores year on year, rise of 45%.

  • Consolidated Net Profit of ₹ 68.7 Crores, up 1% from ₹ 69.5 Crores in the same quarter of the previous year.

  • The Earnings per Share is ₹ 2.51, down 3% from ₹ 2.59 in the same quarter of the previous year.

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