Press Release titled "Indian Terrain Fashions Limited announces Q1 FY''27 Results"

ITFL/SEC/2026-27/AUG/04 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: Press release on financial results for the 1st quarter ended 30th June 2026 We hereby enclose herewith a Press Release by the Company, titled “Indian Terrain Fashions Limited announces Q1 FY 2026-27 Results”. Kindly take the same on records and acknowledge the receipt of the same. Thanking you, Yours faithfully, For Indian Terrain Fashions Limited --sd-- 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, Singaperumal Koil Post, Chengalpattu – 603204, Tamil Nadu NDIAN ERRAIN Email ID: response.itfl@indianterrain.com Website: www.indianterrain.com CIN: L18101TN2009PLC073017 Ph: 044 – 4227 9100 BSE: 533329 | NSE: INDTERRAIN | ISIN: INE611L01021 INDIAN TERRAIN FASHIONS LIMITED Press Release | Q1 FY’27 Indian Terrain Fashions Limited announces Q1 FY’27 results Chennai, August 1, 2026: The Board of Directors of Indian Terrain Fashions Limited (BSE: 533329 | NSE: INDTERRAIN), at its meeting held today, approved the unaudited financial results for the quarter ended 30th June 2026. Indian Terrain Reports Strong Q1 FY'27 Performance with Revenue from Operations at ₹ 81.74 Crore (↑ 18.8% YOY) | Gross Margin expands by 193 bps to 41.0% | EBITDA rises 233.5% YoY to ₹7.57 Crore | Profit Before Tax turns positive. Financial Highlights – Q1 FY’27: Particulars (Rs. Crs) Q1 FY’27 Q1 FY’26 Growth (YOY) Revenue from Operations ₹81.74 Cr ₹68.78 Cr 18.8% Gross Margin 41.0% 39.0% +193 bps Gross Margin (Value) ₹33.49 Cr ₹26.85 Cr 24.7% EBITDA ₹7.57 Cr ₹2.27 Cr 233.5% Profit Before Tax ₹0.14 Cr (₹6.04 Cr) Turnaround Profit After Tax (₹0.83 Cr) (₹6.20 Cr) 86.6% Improvement *EBITDA calculated before depreciation, finance cost, tax, and exceptional items. **PAT calculated before considering OCI Indian Terrain delivered a strong start to FY'27, reporting Revenue from Operations of ₹81.74 Crore, representing a growth of 18.8% over the corresponding quarter of the previous year. The Company continued to strengthen its operational performance through disciplined merchandise planning, improved channel mix, inventory optimisation and prudent cost management, resulting in a significant improvement in profitability. Gross Margin expanded by 193 basis points to 41.0%, while Operating EBITDA improved to ₹6.08 Crore with a margin of 7.4%. The Company also reported a positive Profit Before Tax of ₹0.14 Crore, compared to a loss of ₹6.04 Crore in Q1 FY'26, reflecting the continued success of its profitability-focused strategy. Business Highlights – Q1 FY’27: • Revenue growth was driven by robust performance across Exclusive Retail, Large Format Outlets and Online channels, demonstrating the strength of the Company's diversified omni-channel distribution model. • Gross Margin expanded by 193 basis points, supported by improved merchandise planning, disciplined inventory management and a favourable channel mix. • Operating profitability improved significantly, resulting in a return to positive Profit Before Tax during the quarter. • Continued focus on inventory optimisation and receivables management led to Gross Working Capital Days improving to 294 days, compared to 327 days in the corresponding quarter of the previous year. • The Company continued to strengthen its distribution footprint and customer engagement while maintaining a disciplined approach towards profitable growth and capital efficiency. INDIAN TERRAIN FASHIONS LIMITED | Q1 FY’27 Management Commentary: Commenting on the performance, Mr. Charath Ram Narsimhan, Managing Director & Chief Executive Officer, said: "The first quarter of FY'27 marks another encouraging milestone in our journey towards sustainable and profitable growth. Despite a measured consumer spending environment, we delivered healthy revenue growth while significantly improving our profitability through disciplined execution across merchandising, channel management and cost optimisation. We continued to strengthen our omni-channel presence through improved performance across Exclusive Retail, Large Format Outlets and Online channels, while maintaining focus on inventory optimisation, receivables management and operational excellence. These initiatives resulted in meaningful improvements in gross margins, operating profitability and a return to positive Profit Before Tax during the quarter. Looking ahead, we remain focused on strengthening our product portfolio, enhancing customer engagement, improving channel productivity and maintaining financial discipline. With a strong brand, an agile business model and a diversified distribution network, we are well positioned to drive sustainable profitable growth and create long- term value for our shareholders." Outlook: The Company enters the second quarter with stronger profitability, improved working capital efficiency and encouraging visibility on the order pipeline. Management remains focused on converting the healthy order book, accelerating profitable growth across channels, expanding its product portfolio and maintaining disciplined inventory and cost management. The Company continues to remain optimistic on medium-term growth opportunities, supported by its strengthened omni-channel capabilities, diversified distribution network and continued focus on operational excellence. About Indian Terrain Fashions Limited: Indian Terrain Fashions Limited is one of India's leading premium menswear brands, offering a comprehensive range of smart casual apparel and accessories. The Company has established a strong omni-channel presence through Exclusive Brand Outlets, Exclusive Factory Outlets, Large Format Outlets, Multi-Brand Outlets and leading e-commerce platforms. As of 30th June 2026, the Company operated 176 exclusive stores, had a presence across 750+ Multi-Brand Outlet doors, 200+ Large Format Outlet counters, and served customers across 250+ cities in India and overseas. For further details and product portfolio, please visit www.indianterrain.com For more information, contact: Mr. Sheikh Sahenawaz / Mr. Sainath Sundaram Chief Financial Officer/Company Secretary & Compliance Officer Indian Terrain Fashions Limited E-mail: response.itfl@indianterrain.com INDIAN TERRAIN FASHIONS LIMITED | Q1 FY’27 Safe Harbour Statement: This Document (the “Document”), which has been prepared by Indian Terrain Fashions Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation, or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Document has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Document. This Document may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Document is expressly excluded. Certain matters discussed in this Document may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future [Showing first 8,000 characters — download PDF for full document]