Image Source: Indian Retailer
Metro Brands Ltd reported a solid financial performance for the fourth quarter ended March 31, 2025, beating analyst expectations on the back of strong demand for aspirational footwear. The company’s consolidated net profit after tax was ₹947.5 million, beating the IBES estimate of ₹881 million. Revenue from operations came in line at ₹6.43 billion, and reflected a 10.3% growth year-on-year.
The quarter had expenses at about 7%, which were still better than revenue growth, and demonstrated the company’s operational efficiency. Metro Brands continues to capitalize on the premiumization trend, with more than half of its sales from footwear priced above ₹3,000, which helped keep the momentum in sales while the rest of urban consumption experiences headwinds due to rising costs associated with living expenses.
In addition to beating earnings, the Board declared a final dividend of ₹2.5 per share, rewarding shareholders for the company's resilient performance. The company additionally noted expansion will continue, including a new extended retail agreement with Crocs, which is an exclusive deal in key regions, further reinforcing the company’s presence in the market.
Metro Brands' leadership expressed that they are confident about the prospect of continued strategic growth using an innovative, reliable and user-friendly headset in the face of headwinds, and that they remain well positioned for the fiscal year.
Source: Reuters
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