Indian Terrain Fashions Limited has announced its financial results for the third quarter ended December 31, 2025. The company reported a revenue from operations of ₹101.40 crore, a 4.66% increase year-on-year from ₹96.88 crore in Q3 FY25. Total income stood at ₹102.18 crore. EBITDA saw a significant jump of 115.04% to ₹12.76 crore from ₹5.93 crore, with the EBITDA margin expanding to 12.58% from 6.12%. The company also reported a turnaround in profitability, with Profit Before Tax (PBT) improving to ₹4.06 crore compared to a loss of ₹3.85 crore in the same quarter last year. Profit After Tax (PAT) turned positive at ₹2.56 crore, a substantial improvement from a loss of ₹3.44 crore in Q3 FY25. The company attributed the improved performance to sustained operating momentum, driven by festive consumption and better sell-through. Structural improvements in gross margins, disciplined cost control, and enhanced working capital efficiency also contributed to the positive results. The company continued its strategy of channel optimization, focusing on higher-margin segments like MBOs and a recalibrated online model, while rationalizing lower-return formats. Retail network optimization through selective store closures and additions in high-potential locations was also undertaken. Mr. Charath Narsimhan, Managing Director & Chief Executive Officer, commented that Q3 marks a clear turning point with a return to profitability and stronger operating momentum. He highlighted the impact of sustained execution, disciplined decision-making, and strategic calls like rationalizing underperforming stores and exiting low-margin formats. Looking ahead, the company is cautiously optimistic for the remainder of FY26, citing a strong SS-26 order book, selective retail expansion, improving category tailwinds, and continued focus on margin protection and cost discipline to support a stable profitability trajectory.
