India's Metro Brands gains after Q4 profit beats view

Metro Brands

23/05/2025 07:02

** Shares of Metro Brands METB.NS rise 3.2% to 1,226.90 rupees

** Stock set to gain for third straight session

** Footwear retailer's Q4 consol profit rises 39% Y/Y to 947.5 million rupees ($11.04 million), beat analysts' estimate of 881 million rupees

** Q4 revenue rises 10.3% Y/Y to 6.43 billion rupees

** Trading volume at 500,323 shares, 11.9x the 30-day average

** METB up ~2% YTD

($1 = 85.8290 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))