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Metro Brands Q2 Profit Rises 10% To Rs 76 Crore
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CNBC TV18•15-10-2026, 18:29
Metro Brands Q2 Profit Rises 10% To Rs 76 Crore
- •Metro Brands reported a 9.8% year-on-year rise in consolidated net profit to Rs 76 crore for the September quarter of FY27.
- •Revenue from operations grew 12.2% to Rs 730 crore compared to Rs 651 crore in the year-ago quarter.
- •EBITDA increased by 15.6% to Rs 197.4 crore, with the EBITDA margin improving to 27% from 26%.
- •The company expanded its retail network by opening 21 new stores and closing nine, reaching a total of 1,053 stores.
- •CEO Nissan Joseph noted that double-digit growth was achieved despite a shift in the festive calendar pushing sales into the December quarter.
Key Questions Answered
Metro Brands reported a 9.8% year-on-year increase in consolidated net profit to ₹76 crore for the September quarter of FY27, up from ₹69 crore the previous year. Meanwhile, revenue from operations grew by 12.2% to reach ₹730 crore compared to ₹651 crore in the year-ago quarter.
The shift in the festive calendar caused September festive sales from last year to move into October this year, which pushed a larger share of consumer demand into the December quarter and resulted in modest growth for Q2.
During the September quarter, Metro Brands opened 21 new stores and closed 9, bringing its total retail network to 1,053 stores spread across 223 cities and 31 states and Union Territories.
