Metro Brands Ltd
Metro Brands Q3 FY26: Record βΉ800+ Crore Sales & Strong Growth Metrics ππ
- 15% growth in standalone and consolidated revenue for Q3 FY26
- Consolidated sales crossed βΉ800 crores for the first time
- EBITDA grew 16% (standalone) and 18% (consolidated), with margins at 33%
- PAT grew by 33% despite βΉ3.3 crores accrual for new labour code provisions
- Digital commerce grew 24% and now contributes 12% of total revenue
- Sales of products over βΉ3,000 accounted for 55% of business
- 35 new stores opened and 11 closed in Q3
- Total new store openings this fiscal year exceeded 100 stores
- 3 new MetroActiv stores launched for athletic performance footwear
- 7 Shoe Depot stores operational as part of new format expansion
- GST rate reduction lowered consumer payments by approximately 3-4% on average
- Maintained guidance: gross margins 55-58%, EBITDA margin around 30%, PAT margin around 15% medium to long term
- Store openings flexible based on profitability and market opportunities