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Metro Must Sustain Growth After a Tale of Two Halves in FY25

Mint New Delhi

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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.

- Pallavi Pengonda

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.

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

Mint New Delhi

CANADA'S STARTUP VISA: PUTTING LIVES ON HOLD

Legal uncertainty has left entrepreneurs stuck despite building businesses and putting down roots

time to read

8 mins

November 28, 2025

Mint New Delhi

Gupta pilfered from fraud, Trafigura says

Commodity trader Trafigura's lawyers accused Indian businessman Prateek Gupta on Thursday of siphoning off funds from an alleged $600 million metals fraud to prop up his struggling business empire.

time to read

1 min

November 28, 2025

Mint New Delhi

Why TCS is walking a tightrope

Tata Consultancy Services Ltd recently outlined an ambitious multiyear $6-7 billion investment plan to build artificial intelligence (AI)-focused data centres and is already making progress in that area.

time to read

2 mins

November 28, 2025

Mint New Delhi

Mint New Delhi

Can a dictionary make sustainability simpler?

A new guide aims to bring clarity to sustainability in fashion but it has to be available to everyone, from designers to customers

time to read

3 mins

November 28, 2025

Mint New Delhi

Of Marathi plays, picnic in the park

A Mint guide to what's happening in and around your city

time to read

1 min

November 28, 2025

Mint New Delhi

Beyond the stock slump—Kaynes’ $1 bn aim is just the start

Shares of Kaynes Technology India Ltd have fallen about 25% from their peak of ₹7,705 in October, amid a management reshuffle and the expiry of the lock-in period for pre-IPO shareholders.

time to read

1 mins

November 28, 2025

Mint New Delhi

Avaada to invest ₹1 trillion in 5 years

Renewables-focused Avaada Group is aiming to invest ₹1 trillion across the country over the next five years as part of its expansion into both power generation and associated businesses.

time to read

1 min

November 28, 2025

Mint New Delhi

VentureSoul closes first debt fund at ₹300 crore

VentureSoul Partners has announced the close of its maiden debt fund at ₹300 crore, with plans to raise an additional ₹300 crore through a green shoe option by February 2026.

time to read

1 min

November 28, 2025

Mint New Delhi

New MF distributor incentives introduced

Mutual fund distributors will now earn additional incentives for bringing in first-time investors from B-30 (beyond the top 30) cities and for onboarding new women investors from any city, under Securities and Exchange Board of India's (Sebi) revised incentive framework.

time to read

1 min

November 28, 2025

Mint New Delhi

Mint New Delhi

Catamaran to boost manufacturing bets

Catamaran is focused on a few areas in manufacturing, such as aerospace

time to read

2 mins

November 28, 2025

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