Indian Terrain reports widened Q1 loss amid revenue decline
09 August 2024, Mumbai
Indian Terrain Fashions posted a Q1 net loss of Rs 15 crore, widening from Rs 3 crore year-on-year.
Revenue dropped 26 per cent to Rs 68 crore, driven by weak market demand and the discontinuation of boy's wear.
Despite challenges, the company expects a revenue rebound in upcoming quarters.