Indian Terrain Fashions Ltd posts Q4 net loss of Rs 6 crore

By

Maverick Martins

Published
May 22, 2023

Men’s fashion brand Indian Terrain Fashions Ltd reported a net loss of Rs 6 crore ($7,24,789) for the fourth quarter ended March 2023, as against a net profit of Rs 6 crore in the year-ago period.

The company’s total income for the quarter stood at Rs 127 crore, as against Rs 110 crore in the corresponding period of the previous fiscal year.

For the financial year, the company reported a net profit of Rs 7 crore while its total income for the year was Rs 506 crore.

Indian Terrain, which opened its first retail outlet in the year 2000, currently retails from multi-brand outlets, large format stores, and exclusive-brand outlets. It also sells on all leading e-commerce websites.