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Metro drags its feet in Q1. Can brisk store rollouts help?

Mint Hyderabad

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August 14, 2025

Metro Brands Ltd's earnings estimates were cut after its June quarter (QIFY26) results.

- Harsha Jethmalani

Metro Brands Ltd's earnings estimates were cut after its June quarter (QIFY26) results. Volumes in physical channels were hit by early Eid in March and unseasonal rains in key markets such as Gujarat and Maharashtra that led to a 2-3% revenue impact.

The footwear retailer's Q1 consolidated revenue missed estimates to rise 9% year-on-year (y-o-y) to ₹628 crore. In the previous two quarters, the revenue growth was slightly above 10% each.

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