METROBRANDMetro Brands

Metro Brands' Q2 profit rises 13.88% to ₹73 crore, below ₹82 crore estimate

Metro Brands reported September-quarter net profit of ₹73 crore on revenue of ₹710 crore, with the profit below an ₹82 crore estimate cited by Sahi and ScanX.

Price, Thursday's close₹898.55▼ 0.20%
Last 5 days
52-week low ₹807.0052-week high ₹1,276.60
Sector
Footwear retail

What happened

  • Net profit was ₹73 crore against ₹64.1 crore a year earlier, up 13.88%, according to Sahi. ScanX described it as standalone profit and put the rise at 13.9%.
  • Revenue was ₹710 crore against ₹635 crore, up 11.81%, per Sahi.
  • Sahi gave EBITDA as ₹193 crore, up 13.53%, with the margin at 27.17% against 26.42% a year earlier.
  • The shares closed at ₹898.55 on Thursday, down 0.20%, per Zerodha Kite, before the results.

Why it matters

Profit grew 13.88% against revenue growth of 11.81%, in Sahi's figures, while falling short of the ₹82 crore estimate both outlets cite.

Good to know: EBITDA is earnings before interest, tax, depreciation and amortisation. The EBITDA margin divides it by revenue, and a basis point is one-hundredth of a percentage point.

Key facts

Net profit
₹73 crore (₹64.1 crore), up 13.88% (per Sahi)
Revenue
₹710 crore (₹635 crore), up 11.81% (per Sahi)
EBITDA margin
27.17% (26.42%), per Sahi
Estimate cited
₹82 crore

Read the source

This is a summary of public news about Metro Brands, for information only. It is not a recommendation to buy, sell or hold METROBRAND.

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