Indian Terrain Fashions reduces Q3, FY25 net loss to Rs 3 crore

18 February 2025, Mumbai

Indian Terrain Fashions reduced their Q3, FY25 net loss to Rs 3 crore as against a loss of Rs 4 crore in the corresponding quarter last year. The company’s revenue for the quarter declined by 11 per cent to Rs 97 crore, as against Rs 109 crore in the corresponding quarter of the previous fiscal year.

Indian Terrain also reduced its total store count to 208 during the quarter from 234 in June 2024 as it closed all its underperforming stores. As Charath Narsimhan, Managing Director and CEO, says, the brand focused on profitability over revenue growth during the quarter as it faced a mix of challenges and strategic recalibrations. The brand consciously reduced its exposure to e-commerce leading to a decline in revenue during the quarter, Narsimhan adds.

In Q4, FY25, the brand aims to rebound strongly by not only launching a well-curated product range but also expanding retail operations and optimizing business opportunities, he adds.

A menswear brand, Indian Terrain operates across the country through its 208 exclusive outlets, multi brand outlets, large format stores and e-commerce platforms.

Latest Fashion news