Metro Brands Ltd, a leading footwear retailer, announced a 4 per cent rise in net profit for the second quarter ending 30th September, reaching US $ 8.32 million, compared to US $ 7.96 million in the same period last year. The company’s revenue also saw a 5 per cent increase, totaling US $ 69.56 million, up from US $ 66.11 million in the corresponding quarter of the previous fiscal year.
During this quarter, Metro Brands opened its largest Crocs Store in Kerala and introduced the American footwear brand ‘Hey Dude’ at 25 locations across India through its extensive retail network.
Nissan Joseph, CEO of Metro Brands Ltd, commented on the company’s performance, stating, “In Q2 FY 2025, we have maintained stable profitability and strengthened our operational control, demonstrating the resilience of our business model.” He emphasised the company’s focus on strategic execution, innovative retail formats, and partnerships, including the upcoming New Era Kiosk and the Hey Dude launch, aimed at driving sustained growth and exploring new opportunities in the evolving footwear market.
