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27th Jan · SEBI-Registered Analyst

Metro Brands Q3 FY26: Profit Surges 37% and Interim Dividend Declared

METROBRAND
delivered a stellar performance for Q3 FY2025–26, reporting a 37.1% year-on-year jump in net profit to ₹130 crore. Revenue grew by 15% to reach ₹811 crore, bolstered by robust festive and wedding season demand and a favorable reduction in GST for footwear priced below ₹2,500. The company also saw significant traction in its digital presence, with e-commerce and omni-channel sales growing by 24%, now contributing 12% to the total quarterly revenue. The company’s operational efficiency remained a highlight, as EBITDA rose 17.6% to ₹265 crore, with margins expanding by 500 basis points to reach 32.7%. Metro Brands continued its strategic physical expansion by opening 35 new stores during the quarter, bringing the total net additions for the first nine months of the fiscal year to 82 stores. A major milestone this quarter was the launch of 'MetroActiv', a multi-brand sports performance destination featuring global giants like Nike, Adidas, and ASICS, marking MBL's serious entry into the high-growth athleisure segment. In a move to reward shareholders, the Board of Directors approved an interim dividend of ₹3 per equity share. The record date to determine eligibility for this payout has been set for Monday, February 02, 2026. With strong growth in both traditional and digital channels, alongside its new sports retail venture, Metro Brands is reinforcing its leadership position in the Indian footwear market.

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