Metro Brands December Quarter Profit Rises 54% To Rs 100.85 Crore
NDTV
Metro Brands reported a 54 per cent jump in consolidated net profit to Rs 100.85 crore for the third quarter period ended December 2021
Metro Brands, the footwear retail chain, reported a 54 per cent jump in consolidated net profit to Rs 100.85 crore for the third quarter period ended December 2021.
The company had posted a net profit of Rs 65.22 crore during the corresponding period of last year. Metro Brands Ltd (MBL), earlier known as Metro Shoes, gave this information in a regulatory filing.
Its total revenue from operations was up 59.02 per cent at Rs 483.77 crore during the quarter under review against Rs 304.21 crore in the corresponding period of the previous fiscal.
MBL's total expenses rose 47.26 per cent to Rs 362.59 crore in Q3 FY 2021-22, compared to Rs 246.21 crore in the year-ago period.
