Indian Terrain Fashions Limited Announces Q4 FY 2024-25 Results: Revenue Down 22% YoY, Gross Margin Up 3.8% YoY

Indian Terrain Fashions Limited, a leading player in the mid-premium male casualwear segment, has announced its financial results for the fourth quarter ending March 31, 2025. The company's revenue for Q4 FY’25 stood at ₹89.53 crore, down 22% YoY, due to lower e-commerce and deferred distribution sales. However, the gross margin improved to 43.3%, up by 3.8% YoY, driven by strategic procurement and a sharper merchandising approach. The operational cost reduced by 6% QoQ and 12% YoY, reflecting disciplined cost restructuring. The finance costs were down 20%, led by lower dependency on third-party borrowings. Excluding the statutory mandated provision of ₹3.93 crore towards MSME interest liabilities, the company delivered operational profitability in Q4 FY’25. The provision impacted the reported bottom line, resulting in an accounting loss for the quarter. The company has also strategically rationalized its business by closing 20+ loss-making EBOs, exiting non-performing formats, and strengthening its capital with a ₹25 crore equity infusion in FY’25 to support turnaround initiatives.