Indian Terrain Fashions Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported a significant turnaround, achieving a Profit After Tax (PAT) of ₹2.5 Crore, marking a return to profitability after six consecutive quarters of losses. Revenue from operations remained stable at ₹101.4 Crore for the quarter, building on the previous quarter's rebound and reflecting steady festive demand and improved channel execution. EBITDA stood at ₹12.8 Crore, and Profit Before Tax (PBT) improved to ₹4.1 Crore. The company highlighted stronger cash discipline and Total Operating Cost (TOC) initiatives, which drove improvements in working capital efficiency. Commenting on the results, Mr. Charath Narsimhan, MD & CEO, stated, "Q3 marks another step forward in Indian Terrain’s recovery journey, with stable revenues, margin expansion, and a return to profitability." He added that the company has transitioned from losses to profitability, strengthened gross margins, improved cost control, and enhanced working-capital efficiency. Encouraging industry trends, improving consumer sentiment, and festive-led demand are expected to support the brand's growth. The company's strategy includes focusing on higher-margin, scalable channels, such as MBO (Multi-Brand Outlets) and LFO (Large Format Outlets), which together contribute over one-third of total 9M sales. Retail continues to anchor revenues at 48%, while the company expands into wholesale. Online channels maintain a stable contribution of 11%. Looking ahead, the company anticipates growth acceleration in SS'26, driven by a strong order book and fresh merchandise. Distribution expansion will be pursued selectively with a focus on ROI and unit economics. The company also plans to refresh merchandise and innovate products to capitalize on improving consumer sentiment and premiumization trends.
