Metro Brands Limited Reports Strong Q1 FY27 Results; Revenue Jumps 14.7% YoY
Metro Brands Limited (MBL), one of India's leading footwear specialty retailers, has announced its Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The company reported consolidated revenue from operations of ₹720 crore, marking a 14.7% year-on-year growth.The results reflect the company's operational discipline, with EBITDA reaching ₹215 crore and an corresponding EBITDA margin of 29.8%.
Consolidated performance highlights are summarized below:
| Metric | Value |
|---|---|
| Consolidated Revenue from Operations | ₹720 crore |
| EBITDA | ₹215 crore |
| EBITDA Margin | 29.8% |
| E-commerce Sales Contribution | 13.1% of revenue |
While the company saw a strong overall performance, the quarter presented mixed demand trends. The retail segment faced muted demand during April and May due to external factors such as geopolitical uncertainties and reduced wedding dates. Momentum improved starting in mid-June, driven by the commencement of the wedding season and an improvement in consumer sentiment.
The omnichannel channel performed robustly, with e-commerce sales growing 9% year-on-year and contributing 13.1% of total revenue.
In terms of expansion and operations, Metro Brands strengthened its physical retail presence through 13 new store openings. This was balanced by four store closures during the quarter.
As of June 30, 2026, MBL operated a network of 1,041 stores across 222 cities spread throughout 31 states and union territories in India.
Commenting on the results, Nissan Joseph, CEO of Metro Brands Limited, stated that the business delivered another quarter of double-digit growth, attributing success to disciplined execution across its portfolio and a continued focus on strategic priorities.
"While demand was relatively muted during April and May due to external factors, consumer sentiment improved from mid-June, supported by the wedding season," Joseph said. "We continue to invest in our brand portfolio, marketing and leadership talent that will support sustainable long-term growth. As market conditions continue to improve, we remain well positioned to capture the opportunities ahead."
The company also noted that PAT margins were impacted by ongoing investments in talent and brand-building initiatives, as well as a modest rise in occupancy costs associated with new format additions during the quarter.
METROBRAND Stock Price Movement
Today, Metro Brands Limited saw its stock edged up by 0.49%, closing out the session at ₹1040.7 after recovering from earlier volatility. The share traded within an intraday range of ₹1022 and ₹1045.8, with a total volume of 24,742 shares recorded during the trading period.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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