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An update from Indian Terrain Fashions Limited ( (IN:INDTERRAIN) ) is now available.
Indian Terrain Fashions Limited reported a decline in revenue for the third quarter of FY 2024-25, with total revenue dropping by 11.3% year-over-year due to a strategic reduction in e-commerce exposure. Despite this, the company saw improvements in EBITDA and PAT, driven by cost-control measures and strategic realignments, such as store optimization and a focus on profitability over revenue growth. The company closed underperforming stores and improved inventory management to optimize working capital. Looking forward, Indian Terrain is optimistic about a strong rebound in Q4, supported by a well-curated product lineup and increasing retail momentum, aiming to strengthen its market presence and growth strategy.
More about Indian Terrain Fashions Limited
Indian Terrain Fashions Limited is a leading player in the mid-premium male casualwear segment, focusing on delivering stylish and comfortable clothing options for the male demographic. The company operates in the fashion industry, with a market focus on casualwear for men, and has a significant presence in the retail sector.
YTD Price Performance: -24.24%
Average Trading Volume: 13,508
Current Market Cap: 1.78B INR
Learn more about INDTERRAIN stock on TipRanks’ Stock Analysis page.