Metro Brands delivered robust financial performance in Q3, demonstrating strong growth momentum across key operational metrics. The company's results reflect solid business execution and market positioning during the reporting period.

Financial Performance Highlights

The company's Q3 financial results showed significant improvement across major parameters:

Revenue Growth Analysis

Metro Brands achieved notable revenue expansion during Q3, with total revenue reaching ₹7.9 billion compared to ₹6.87 billion in the same quarter of the previous year. This represents a year-on-year growth rate of 15.0%, indicating sustained business momentum and effective market strategies.

Profitability Enhancement

The company's profitability metrics showed particularly strong performance during the quarter. Net profit increased substantially to ₹1.25 billion from ₹941 million in Q3 of the previous year, marking a significant 32.8% year-on-year growth. This improvement in profitability demonstrates effective cost management and operational efficiency.

Performance Summary

The Q3 results highlight Metro Brands' ability to deliver consistent growth across both revenue and profitability metrics. The company's performance during this period reflects strong operational execution and market positioning, with both top-line and bottom-line showing positive momentum compared to the corresponding quarter of the previous year.

Metro brands Limited has secured continuity in its leadership with the re-appointment of Mr. Nissan Joseph as Chief Executive Officer for an extended five-year term. The footwear retailer's Board of Directors approved this strategic decision on January 27, 2026, ensuring stable leadership through 2031.

Board Approval and Term Details

The re-appointment received formal approval during the Board of Directors meeting held on Tuesday, January 27, 2026, following recommendations from the Nomination, Remuneration and Compensation Committee. The decision was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Profile and Experience

Mr. Nissan Joseph brings extensive international retail expertise to his continued role at Metro Brands. His professional background spans over 22 years of brand management experience across 20 countries, including operations in the United States of America, Australia, South Korea, and India.

Professional Background

Joseph's career encompasses leadership roles with several prominent global retail brands:

• Foot Action
• Payless Shoes
• Crocs
• Planet Sports

His educational credentials include an MBA in International Business from Western Sydney University, providing him with the academic foundation to complement his extensive practical experience in international retail operations.

Vision and Leadership Philosophy

The CEO operates under a clear vision for Metro Brands: "Get Everyone on Their Feet." This customer-centric approach reflects the company's commitment to accessible footwear retail across its market segments. Joseph's leadership style is characterized by his personal motto: "Let's get this show on the road," emphasizing action-oriented management and growth-focused strategies.

Regulatory Compliance

The re-appointment announcement fulfills Metro Brands' obligations under SEBI regulations, specifically Regulation 30 of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company confirmed that Joseph is not debarred from holding executive positions by any SEBI order or regulatory authority.

This leadership continuity positions Metro Brands to maintain its operational momentum while pursuing expansion opportunities under Joseph's experienced guidance through the next five years of his tenure.