Metro Brands Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Metro Brands Ltd reported a 19.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11.5%.
- Its expenses for the quarter were up by 10.1% QoQ and 10.0% YoY.
- The net profit increased 32.5% QoQ and decreased 3.7% YoY.
- The earnings per share (EPS) of Metro Brands Ltd stood at 3.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 726.29 | 608.81 | 651.45 | 19.3% | 11.5% |
Total Expenses | 567.02 | 514.87 | 515.53 | 10.1% | 10.0% |
Profit Before Tax | 159.27 | 93.94 | 135.92 | 69.5% | 17.2% |
Tax | 64.88 | 22.48 | 37.86 | 188.6% | 71.4% |
Profit After Tax | 95.08 | 71.77 | 98.78 | 32.5% | -3.7% |
Earnings Per Share | 3.50 | 2.50 | 3.60 | 40.0% | -2.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Metro Brands Ltd is a prominent player in the retail sector, specializing in the distribution and sale of footwear and accessories. The company operates a wide network of retail outlets across various locations, offering a diverse portfolio of brands catering to a broad consumer base. Metro Brands is known for its strong presence in the footwear market, encompassing both domestic and international brands. As of the latest data, there are no specific major recent developments mentioned in the provided information. However, the company continues to focus on expanding its reach and enhancing its product offerings to maintain its competitive edge in the market.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Metro Brands Ltd reported a total income of ₹726.29 crores. This marks a significant quarter-over-quarter (QoQ) increase of 19.3% from ₹608.81 crores in Q2FY25. When compared year-over-year (YoY) to the third quarter of the previous fiscal year (Q3FY24), total income rose by 11.5% from ₹651.45 crores. These figures highlight the company's revenue growth over both the quarter and the year, reflecting its ability to generate higher sales during this period.
Profitability
Metro Brands Ltd's profitability metrics for Q3FY25 indicate a positive performance. The company recorded a profit before tax (PBT) of ₹159.27 crores, up by 69.5% QoQ from ₹93.94 crores in Q2FY25, and a YoY increase of 17.2% from ₹135.92 crores in Q3FY24. However, the profit after tax (PAT) for Q3FY25 stood at ₹95.08 crores, showing a 32.5% QoQ increase from ₹71.77 crores in Q2FY25 but a slight YoY decrease of 3.7% from ₹98.78 crores in Q3FY24. These profitability figures suggest a robust quarterly performance, although there was a slight decline in PAT on an annual basis.
Operating Metrics
In terms of operational metrics, Metro Brands Ltd reported total expenses of ₹567.02 crores for Q3FY25, which is a 10.1% QoQ increase from ₹514.87 crores in Q2FY25 and a 10.0% YoY increase from ₹515.53 crores in Q3FY24. The tax expense for Q3FY25 was ₹64.88 crores, reflecting a substantial QoQ rise of 188.6% from ₹22.48 crores in Q2FY25 and a YoY increase of 71.4% from ₹37.86 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 was ₹3.50, which is a 40.0% QoQ increase from ₹2.50 in Q2FY25, although it shows a slight YoY decrease of 2.8% compared to ₹3.60 in Q3FY24. These metrics indicate the company's operational dynamics during the quarter and the fiscal year.
