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Metro Brands Q3 consolidated net profit jumps 53% to Rs 102 cr

Consolidated revenue from operations rose 59% to Rs 484 cr

IPO-bound Metro Brands aims to utilise Rs 250 cr for store expansion
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BS Web Team New Delhi
Footwear firm Metro Brands on Saturday reported 53% rise in consolidated net profit at Rs 102 crore for the quarter ending December 31, 2021. The company, which recently got listed on bourses, reported net profit of Rs 66 crore in the year-ago period.

Consolidated revenue from operations rose 59% to Rs 484 crore as compared to Rs 304 crore in Q3FY21.

Basic Earnings per share (EPS) for Q3FY22 stood at Rs 3.82, as compared with Rs 2.50 for Q3FY21.

Nissan Joseph, CEO , Metro Brands Limited, said: "I would like to thank the dedicated associates of Metro Brands for delivering our best quarterly