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Metro Brands Q3 is fine, but growth lane may be rocky ahead
Mint Hyderabad
|January 21, 2025
Metro Brands Ltd's results for the quarter ending December (Q3FY25) showed a decent improvement on some counts.
Metro Brands Ltd's results for the quarter ending December (Q3FY25) showed a decent improvement on some counts. For instance, while revenue per square foot continued to drop year-on-year, the 1% decline was the slowest in the past seven quarters.
The footwear retailer's consolidated revenue of ₹703 crore meant growth stood at 10.6%, much better than the 2% growth seen in H1FY25. That's because Q3 was marked by a recovery in sales due to the festive and wedding season after a dull H1FY25.
Q3 growth could have been better if it wasn't for the early onset of discounts at several retailers.
Bu hikaye Mint Hyderabad dergisinin January 21, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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