Indian Terrain reports widened Q1 loss amid revenue decline

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.

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