Metro Brands shares surged more than 8% in trade today after the footwear major reported a robust set of consolidated earnings for the third quarter of FY26, beating expectations on revenue growth, profitability, and management continuity.
Metro Brands Limited posted a solid 15.4% year-on-year rise in consolidated revenue, which came in at ₹811 crore for Q3 FY26, compared with ₹703 crore in the corresponding quarter last year. The strong top-line performance was driven by steady demand across categories, improved store productivity, and disciplined execution in a competitive retail environment.
Operating performance also showed healthy improvement. EBITDA for the quarter increased 17.7% YoY to ₹264.9 crore from ₹225 crore in Q3 FY25. EBITDA margin expanded to 32.7%, up from 32% a year ago, reflecting operating leverage, better cost control, and stable input costs despite a challenging consumption backdrop.
The company delivered an even stronger showing at the bottom line. Net profit for Q3 FY26 rose sharply by 35.7% YoY to ₹128 crore, compared with ₹94.4 crore in the year-ago period. The faster growth in profit relative to revenue highlights improved efficiency and a favourable operating mix during the quarter.
Adding to positive investor sentiment, Metro Brands announced the reappointment of Nissan Joseph as Chief Executive Officer for a further term of five years, providing leadership continuity and strategic stability. The board also declared an interim dividend of ₹3 per share, signalling confidence in the company’s cash flows and long-term outlook.
