Investor Presentation (revised) on un-audited financial results for quarter ended 30th June 2026

ITFL/SEC/2026-27/AUG/03 1st August 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai- 400 051 Scrip Code – 533329 NSE Symbol: INDTERRAIN Dear Sir/Madam, Sub: Investor presentation for the quarter ended 30th June 2026 – Revised Ref: Our Intimation vide ITFL/SEC/2026-27/AUG/02 dated 1st August 2026 We enclose herewith the revised Investor Presentation on the un-audited standalone financial results of the Company for the quarter ended 30th June 2026. Kindly take the same on records with acknowledgement on the receipt of the same. Please ignore the previous uploaded Investor Presentation in the captioned reference. Thanking you, Yours faithfully, For Indian Terrain Fashions Limited Sainath Sundaram Company Secretary & Compliance Officer INDIAN TERRAIN FASHIONS LIMITED Registered office and Address for communication: Survey No. 549/2 & 232, Plot No 4 Thirukkachiyur & Sengundram Industrial Area, I T NDIAN ERRAIN Singaperumal Koil Post, Chengalpattu – 603204, Tamil Nadu Email ID: response.itfl@indianterrain.com Website: www.indianterrain.com CIN: L18101TN2009PLC073017 Ph: 044 – 4227 9100 IN VESTO R UPDAT E Indian Terrain Fashions Limited Q1 FY'27 Quarter ended 30 June 2026 Submitted to BSE Limited and the National Stock Exchange of India Limited under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 DISCLAIMER Safe Harbour The information contained in this presentation is current only as of its date. Past performance of the Company is not, and should not be considered as, indicative of future results. This presentation may contain statements of future expectations and other forward-looking statements, including those relating to the Company's business plans and strategy, its future financial condition and growth prospects, and future developments in its sector and in its competitive and regulatory environment. In addition to statements that are forward-looking by reason of context, the words 'may', 'will', 'should', 'expects', 'plans', 'intends', 'anticipates', 'believes', 'estimates', 'predicts', 'potential' and 'continue', and similar expressions, identify forward-looking statements. All forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results, performance or events to differ materially from those contemplated. The factors that may affect those results include, among others, future changes or developments in (i) the Company's business, (ii) the Company's competitive environment, and (iii) political, economic, legal and social conditions in India. The Company assumes no responsibility to publicly amend, modify or revise any forward-looking statement on the basis Indian Terrain Fashions of any subsequent development, information or event. Unless otherwise stated, the information contained herein is Limited based on management information and estimates. NSE: INDTERRAIN BSE: 533329 The information contained herein is subject to change without notice. The Company may alter, modify or otherwise change the content of this presentation in any manner, without obligation to notify any person of such revision or change. This presentation may not be copied or disseminated in any manner. Indian Terrain Fashions Limited | Q1 FY'27 Investor Update 02 CONTENTS Agenda 01 Q1 FY'27 at a Glance 02 Management Commentary Headline performance for the quarter MD & CEO on the quarter and the road ahead 03 Market Update & Industry Trends 04 Business Update Demand environment and competitive backdrop Operating highlights for the quarter 05 Financial Performance 06 Store Network & Distribution Revenue, margins, profitability and working capital Formats, geographic footprint and reach 07 About Indian Terrain 08 Strategic Priorities & Outlook Brand architecture, journey and leadership Focus areas and key watch items Indian Terrain Fashions Limited | Q1 FY'27 Investor Update 03 PERFORMANCE SNAPSHOT Q1 FY'27 at a Glance REVENUE FROM GROSS MARGIN EBITDA PROFIT BEFORE TAX OPERATIONS 41.0% ₹ 7.57 Cr ₹ 0.14 Cr ₹ 81.74 Cr ▲ 193 bps YoY ▲ 233.5% YoY vs. ₹ (6.04) Cr ▲ 18.8% YoY GROSS MARGIN (VALUE) OPERATING EBITDA PROFIT AFTER TAX GROSS WORKING CAPITAL ₹ 33.49 Cr ₹ 6.08 Cr ₹ (0.83) Cr 294 days vs. ₹ 26.85 Cr 7.4% margin ▲ 86.6% YoY ▼ 33 days YoY THE QUARTER IN BRIEF Revenue growth of 18.8%, with 193 basis points of gross margin expansion, delivered a 233% rise in EBITDA and a return to positive Profit Before Tax. Gross working capital days reduced by 33 days year on year, rolling twelve-month revenue reached ₹391 Cr, and the network stood at 176 exclusive doors. Indian Terrain Fashions Limited | Q1 FY'27 Investor Update ₹ in Crore unless stated otherwise 04 MD & CEO Management Commentary Commenting on the results for Q1 FY'27, Mr. Charath Ram Narsimhan, Managing Director & Chief Executive Officer, said: “The first quarter of FY'27 reflects continued progress Operational excellence remained a priority through the against a strategy centred on profitable growth, quarter. Sustained focus on inventory optimisation, operational discipline and a stronger market presence. receivables management and cost discipline improved Against a measured consumer spending environment, we working capital efficiency and supported profitability, delivered revenue growth of 18.8%, supported by an strengthening the quality of our earnings and providing a improved performance across our key channels. More firmer base for long-term growth. importantly, disciplined merchandising, channel Looking ahead, we remain committed to accelerating optimisation and cost control translated into meaningful profitable growth through continued investment in product improvement in gross margin and operating profitability, Charath Ram Narsimhan innovation, category expansion and customer-centric and a return to a positive Profit Before Tax for the quarter. Managing Director & initiatives, while further building out our omni-channel Chief Executive Officer We continued to strengthen our omni-channel presence, capability. Operational excellence, prudent capital growing our Exclusive Retail, Large Format Outlet and allocation and financial discipline will continue to guide Online businesses while maintaining a balanced how we create sustainable value for our customers, “A return to positive distribution strategy. Sharper product assortments, better business partners and shareholders.” Profit Before Tax.” channel productivity and an improved customer experience have reinforced the resilience of our business model. Indian Terrain Fashions Limited | Q1 FY'27 Investor Update 05 OPERATING ENVIRONMENT Market Update & Industry Trends Consumer sentiment softened after mid-May The quarter did not trade evenly. Demand held to plan through April and the first half of May, then weakened materially from mid-May as households turned more cautious on discretionary spend. Sustained shift towards branded apparel Consumers continued to consolidate spend towards trusted brands offering differentiated product and consistent value, reinforcing the long-term growth runway for organised retail. Industry focus on profitable growth Peers held the line on inventory discipline, controlled discounting and a richer merchandise mix, with profitability and capital efficiency taking precedence over volume. Cost and macro headwinds Geopolitical tension in West Asia drove volatility in freight and fuel costs, compounded by adverse currency movement and state-level minimum wage increases, collectively pressuring input costs across the apparel industry. Constructive outlook for H2 FY'27 The industry expects demand to strengthen through the festive and wedding season, supported by improving consumer confidence, premiumisation and the continued formalisation of retail. Indian Terrain Fashions Limited | Q1 FY'27 Investor Update 06 OPER [Showing first 8,000 characters — download PDF for full document]