Metro Brands: Looking forward to a strong second half

Metro Brands Limited expects a strong recovery from H2FY25 and expects growth to hit the long-term mark of 18-20 percent.

Highlights

• Weak Q1FY25 results
• Demand acceleration from H2
• Healthy store addition plans
• Tie-up with New Era Cap positive

Metro Brands Ltd (MBL; CMP: Rs 1,249; Market cap: Rs 33,966 crore) posted weak Q1FY25 results as a host of factors like lower wedding dates, election- related disruptions and heatwave led to a flattish revenue profile.

MBL expects a strong recovery from H2FY25 and expects growth to hit the long-term mark of 18-20 percent. The company is going ahead with its planned network expansion