Indian Terrain Fashions Reports Mixed Financial Results Amid Liquidity Improvements and Sales Decline

Indian Terrain Fashions has recently reported its financial results for the quarter ending December 2024, with the announcement made on February 12, 2025. The company, operating in the trading industry as a microcap entity, has experienced notable shifts in its financial metrics.
The evaluation changes indicate a score adjustment, moving to -14 from -25 over the past three months. This reflects a complex financial landscape for Indian Terrain. On a positive note, the company has achieved its highest cash and cash equivalents in the last six half-yearly periods, totaling Rs 31.15 crore, suggesting an improvement in short-term liquidity.

Conversely, the financial results reveal challenges as net sales for the quarter stand at Rs 96.88 crore, reflecting a year-on-year decline of 11.29%. Additionally, the profit after tax (PAT) for the half-yearly period is reported at Rs -25.22 crore, marking a year-on-year decrease of 26.79%. The debt-equity ratio has reached its highest level at 0.83 times, indicating an increase in borrowing to support operations, which may lead to liquidity concerns. Furthermore, the debtors turnover ratio has fallen to its lowest point at 1.63 times, highlighting a slowdown in the company's ability to settle its debts.

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