Metro Brands rallies 13%, hits new high as company returns to black in Q1
Metro Brands' total revenue from operations was up over two-fold at Rs 507.95 crore during the quarter. It stood at Rs 131.39 crore in the first quarter of FY21. Its total expenses were at Rs 377.51 crore, up two-fold in the June quarter of FY23. The same was at Rs 159.59 crore in the year-ago period. Rekha Jhunjhunwala, the wife of Rakesh Jhunjhunwala, owned 39,153,600 equity shares or a 14.43 per cent stake in the company as of Q1FY23, worth Rs 2,510 crore.