Footwear retailer Metro Brands reported a 12.2% year-on-year (YoY) increase in consolidated revenue from operations to Rs 730 crore in Q2 FY27.
The footwear retailer’s earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 15.8% YoY to Rs 198 crore in the quarter ended 30 September. The EBITDA margin stood at 27.1%.
Profit after tax (PAT) increased 12% YoY to Rs 77 crore, with a PAT margin of 10.6%. The company attributed its performance partly to an improvement in gross margins.
Metro Brands’ e-commerce revenue, including omnichannel transactions, grew 12% YoY during the quarter, contributing 14.2% of total revenue.
The footwear retailer opened 21 stores during the quarter and closed nine, taking its total network to 1,053 stores across 223 cities in 31 states and Union Territories as of September 30, 2026.
The company operates brands including Metro Shoes, Mochi, Walkway, MetroActiv, Da Vinchi and J. Fontini, alongside international brands such as Crocs, Clarks, Skechers and Puma. It also sells accessories including handbags, belts and wallets.
Commenting on the results, Nissan Joseph, CEO, Metro Brands Limited said, “Despite festive-season sales shifting into the following quarter, we delivered another quarter of double-digit growth, with EBITDA growing ahead of revenue, reflecting our continued focus on operational execution and margin management. We remain focused on strengthening our brand portfolio, expanding our retail presence, and investing capabilities that will support sustainable long-term growth.”
He added that as we enter the key festive period, we are well positioned to build on this momentum and capture the opportunities ahead.
