Men’s apparel brand Indian Terrain Fashions Limited, reported a net loss of Rs 0.90 crore (US $93,000) for the quarter ended 31st March 2026, compared to a net loss of Rs 2.17 crore (US $225,000) in the same period last year.
Revenue from operations for Q4 FY ’26 rose 19% year-on-year to Rs 106.53 crore (US $11.07 million) from Rs 89.53 crore (US $9.31 million), while EBITDA surged 160.35% to Rs 12.02 crore (US $1.25 million), driven by improved gross margins, calibrated discounting, and better sourcing efficiencies.
Moreover, the company reported a profit before tax of Rs 3.54 crore (US $367,000) during the quarter compared to a loss of Rs 3.84 crore (US $399,000) in Q4 FY ’25.
For the full financial year, the net loss narrowed significantly to Rs 4.91 crore (US $510,000) from Rs 42.66 crore (US $4.43 million) in the previous year and revenue from operations increased to Rs 377.67 crore (US $39.24 million) from Rs 340.60 crore (US $35.39 million) in FY ’25.
The total expenses declined to Rs 378.52 crore (US $39.33 million) from Rs 386.37 crore (US $40.15 million).
Consequently, the company offering a wide range of casual and smart-casual wear including shirts, trousers, T-shirts, jackets, and denims reported a profit before tax of Rs 2.71 crore (US $281,000) compared to a loss before tax of Rs 41.01 crore (US $4.26 million) in the previous year. EBITDA for FY ’26 stood at Rs 36.43 crore (US $3.78 million) against a negative Rs 2.12 crore (US $220,000) in FY ’25.
Operationally, the company is focused on improving inventory productivity, optimising working capital, and strengthening its retail and franchise network.
“FY ’26 has been an important year of execution, stabilisation, and recovery for Indian Terrain. Over the last two years, we have consciously shifted our focus from chasing scale to building a healthier, more sustainable business with stronger margins, disciplined capital allocation, and better-quality growth. We have also made significant progress in improving inventory productivity, reducing operational inefficiencies, and building a more agile merchandising and planning framework, enabling us to respond better to evolving consumer preferences and market dynamics,” said CEO Charath Ram Narsimhan.
