7 days ago
Indian Terrain Fashions posts Q4 net loss of Rs 2 crore
Indian Terrain Fashions Ltd reported a net loss of Rs 2 crore ($2,310,862) for the fourth quarter ended March 31, as against a net profit of Rs 3 lacs in the year-ago quarter.
The company's revenue for the quarter was down by 22 percent to Rs 90 crore, as against Rs 114 crore in the corresponding quarter of the previous fiscal year.
For the full financial year, Indian Terrain reported a net loss of Rs 43 crore with a sales revenue of Rs 341 crore.
Commenting on the Q4 results, Charath Narsimhan, managing director CEO Indian Terrain in a statement said, 'FY25 has been a defining year of strategic realignment for us. We consciously shifted away from low margin, scale driven channels to focus on profitability, efficiency, and sustainable growth. While the top-line faced transitional impact, our improved margins, reduced costs, and operational profitability demonstrate the success of our disciplined execution.'
'We've laid a solid foundation through capital strengthening, store network optimization, and sharper merchandising. As we enter FY26, our focus will remain on maintaining margin integrity while reigniting growth through stronger brand visibility, targeted marketing, and timely product delivery,' he added.
Indian Terrain retails across the country in over 250 cities through its 208 exclusive outlets, multi-brand outlets, large format stores and e-commerce platforms.
