Metro Brands Ltd experienced a 3.14% share increase, reaching ₹1,226.40 on May 22, 2025, following the release of their Q4 FY24 results. Despite a 38.7% year-on-year (YoY) decline in net profit to ₹95.3 crore, the market responded positively, driven by robust revenue growth and improved operating margins.
The company's revenue increased by 10.3% YoY, reaching ₹642.8 crore. Additionally, Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) rose by 24.3% year-on-year, with EBITDA margins expanding to 30.7%. These figures underscore the company's enhanced operational efficiency.
The reported profit decline is primarily due to a tax outgo of ₹30.87 crore, compared to a tax writeback of ₹50.8 crore in Q4 FY23. As of the latest session, Metro Brands has a market capitalization of ₹32978 crore. Metro Brands successfully crossed a key milestone of its 900th store in Q4 and in Mar24.