| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 106.53 | 5.1% | 19.0% |
| Total Income | 107.75 | 5.5% | 18.7% |
| Expenditure | 104.21 | 6.8% | 10.2% |
| PBT | 3.54 | 12.8% | 192.2% |
| Net Profit | -0.90 | 135.2% | 58.5% |
| OPM | 10.14% | 1.09pp | 6.36pp |
| NPM | -0.84% | 3.35pp | 1.55pp |
| EPS | 0.18 | 64.7% | 62.5% |
Indian Terrain: Q4 FY'26 Revenue Up 19% to ₹106.53 Cr
16 May 2026 · 16 May, 4:21 pm
Summary
Indian Terrain Fashions Limited announced its Q4 FY'26 results, reporting a significant improvement in operating performance and a strong recovery in profitability. Revenue from operations for the quarter grew by 19.00% year-over-year to ₹106.53 crore. EBITDA saw a substantial increase of 160.35% to ₹12.02 crore, with the EBITDA margin expanding to 11.28%. The company achieved a Profit Before Tax of ₹3.54 crore, a turnaround from a loss in the prior year, while the loss after tax narrowed by 58.59% to ₹0.90 crore. Management commented that FY'26 was an important year of execution, stabilisation, and recovery, with a focus on building a healthier, more sustainable business.
Key Highlights
- 1
Revenue from Operations for Q4 FY’26 increased by 19.00% year-over-year to ₹106.53 crore, reflecting healthy growth across key channels and sustained demand momentum.
- 2
EBITDA surged by 160.35% to ₹12.02 crore in Q4 FY’26, significantly improving from ₹4.62 crore in the corresponding quarter last year.
- 3
EBITDA Margin expanded substantially to 11.28% in Q4 FY’26 from 5.16% in Q4 FY’25, driven by disciplined execution and operational efficiencies.
- 4
Profit Before Tax (PBT) turned positive, reaching ₹3.54 crore in Q4 FY’26, a substantial improvement from a loss of ₹3.84 crore in the corresponding quarter last year.
- 5
The loss after tax (PAT) narrowed by 58.59% to ₹0.90 crore in Q4 FY’26, demonstrating continued recovery in profitability.
- 6
FY’26 marked an important year of stabilisation, recovery, and operational strengthening, with the Company successfully transitioning from losses toward sustainable profitability.
Management Comments
Charath Ram Narsimhan
FY’26 has been an important year of execution, stabilisation, and recovery for Indian Terrain. Over the last two years, we have consciously shifted our focus from chasing scale to building a healthier, more sustainable business with stronger margins, disciplined capital allocation, and better-quality growth. The results of those efforts are now becoming visible across our financial and operating performance. During the year, we strengthened our profitability meaningfully, improved cash flow discipline, and continued to enhance the overall quality of our channel mix. Our MBO network continued to expand steadily, helping us deepen market penetration across key regions while improving scalability through a more asset-light approach. At the same time, our online business delivered better profitability through calibrated discounting and improved product positioning. We have also made significant progress in improving inventory productivity, reducing operational inefficiencies, and building a more agile merchandising and planning framework, enabling us to respond better to evolvin
Informational and educational content only. Not investment advice.