IGA supermarkets owner Metcash has turned around its fortunes to report a $125.1 million first-half profit on the back of a coronavirus shopping boom.

Metcash’s bottom-line result was helped by shoppers buying food, liquor and hardware items close to home in the six months to October 31, it said on Monday.

It had reported a net loss of $151.6 million, including write-downs, for the same period last year.

Metcash shares were higher by 9.16 per cent to $3.51 at 1146 AEDT.