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Metro Must Sustain Growth After a Tale of Two Halves in FY25
Mint Chennai
|May 28, 2025
Metro Brands Ltd's FY25 turned out to be a tale of two halves. The first half was marked by painfully slow year-on-year growth of just 2% in consolidated revenue for the footwear specialty retailer, thanks to fewer wedding dates, the general election and heatwave-led weak footfalls.
While growth picked up in the second half (H2FY25), revenue grew only 6.4% in FY25 to ₹2,507 crore. The management has reiterated its long-term goal of 15% revenue growth. In the near-term, a softer base of FY25 should aid growth, but much depends on whether the recovery in H2 sustains.
This story is from the May 28, 2025 edition of Mint Chennai.
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