Metro Brands Q2 Results | Net profit dips 4%; revenue up 12% driven by e-commerce, store expansion

Footwear retail chain Metro Brands Ltd on Thursday (October 16) reported a net profit of ₹69 crore for the second quarter, down 4.2% year-on-year from ₹72 crore in the same period last year.

The company’s revenue increased 11.2% to ₹651 crore, compared with ₹585.5 crore in Q2 FY2025. At the operating level, EBITDA rose 22.1% to ₹170.2 crore from ₹155 crore a year earlier, while the EBITDA margin stood at 26.1%, slightly lower than 26.5% in Q2 FY25.

E-commerce (including omni-channel) continued to be a key growth driver, contributing ₹90 crore, marking a year-on-year growth of 39%. The company reported a gross margin of 55% and a PAT margin of 10%.

Also Read: Metro Brands confident on long-term margins despite higher investments: CEO

Nissan Joseph, CEO, Metro Brands, said, "Q2 delivered a continued growth performance, and I was pleased to see that we were able to maintain this trajectory while improving our Gross Margins and EBITDA growth in line with the sales improvement.

We stayed focused on enhancing customer experience across channels and continued to build momentum through our store expansion and digital investments. The launch of Clarks Cloudsteppers across 200 Metro and Mochi stores, along with 42 new store openings- including Foot Locker and New Era, further strengthened our portfolio."

The results came after the close of the market hours. Shares of Metro Brands Ltd ended at ₹1,212.65, up by ₹5.50 or 0.46% on the BSE.

Also Read: Metro Brands to cut prices on 40% of its products after GST revision: CEORead about our editorial guidelines and ethics policy