Metro Brands Q4 profit jumps 24% as wedding season, festive demand lift footwear sales

Metro Brands reported a strong jump in fourth-quarter earnings, helped by festive and wedding season demand for footwear.

The company’s net profit rose 23.5% year-on-year to ₹117.7 crore in Q4 FY26, compared with ₹95.3 crore in the same period last year.

Revenue increased 20.3% to ₹773 crore from ₹643 crore a year earlier, while EBITDA rose 20.6% to ₹237.9 crore. EBITDA margin remained steady at 31%.

Metro Brands said demand during the quarter was supported by festive and wedding shopping, along with lower GST rates on footwear priced below ₹2,500. The company, however, added that one-off exceptional items affected profit during the quarter.

The footwear retailer continued expanding its store network, opening 47 new stores and closing five during the quarter, resulting in a net addition of 42 stores. Overall, the company added 124 stores during FY26, including two FILA Exclusive Brand Outlets focused on the growing athleisure segment.

Online and omni-channel sales jumped 53% year-on-year and contributed 12.2% of total revenue during the quarter, up from 9.5% a year ago.

Also

Read: Akums Drugs, subsidiary Akumentis Healthcare face ₹134 crore Income Tax demand

The company also added around 2 lakh square feet of warehousing space during FY26 to strengthen supply chain and delivery operations.

Metro Brands’ board recommended a final dividend of ₹3 per equity share for FY26, subject to shareholder approval.

Shares of METROBRAND closed 0.87% lower at ₹1,042.90 on the NSE ahead of the earnings announcement.

Also Read: JK Lakshmi Cement Q4 profit falls 23% as higher expenses weigh, declares dividend