Sample Page Title

Must read




Footwear firm on Saturday reported 53% rise in consolidated net profit at Rs 102 crore for the quarter ending December 31, 2021. The company, which recently got listed on bourses, reported net profit of Rs 66 crore in the year-ago period.


Consolidated revenue from operations rose 59% to Rs 484 crore as compared to Rs 304 crore in Q3FY21.





Basic Earnings per share (EPS) for Q3FY22 stood at Rs 3.82, as compared with Rs 2.50 for Q3FY21.


Nissan Joseph, CEO , Limited, said: “I would like to thank the dedicated associates of for delivering our best quarterly revenue, EBITDA and PAT in the history of Metro Brands. Furthermore, we are pleased to see traction in all our concepts of Metro, Mochi, Walkway, and Crocs. We also are encouraged by the growth we have witnessed across the multiple tiers of cities that we operate in and the continued growth of our e-commerce and omni channel business. We closely monitor the potential disruptions of the current Covid situation and are ready to respond to local regulations, which may impact our locations, while keeping the safety of our customers and associates as a priority.”


On Friday, the company’s scrip on BSE closed 1.5% higher at Rs 507.90.

Trendy Voice Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor





Source link

close
Trendy Voice

Hi!
It’s nice to meet you.

Sign up to receive awesome content in your inbox, every week.

We don’t spam! Read our privacy policy for more info.

- Advertisement -spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article