Indian Terrain Fashions falls after posting loss in Q4

Indian Terrain Fashions

19/05/2023 09:24

** Shares of apparel manufacturer and seller Indian Terrain
Fashions Ltd  ITFL.NS  down as much as 8.6% at 53.25 rupees 
    ** Stock sees biggest intraday pct loss since Feb. 13,
lowest level since May 3 
    ** Co on Friday swings to net loss in March quarter from
profit a year ago
    ** Total expenses rises nearly 17%, while revenue from ops
climbs about 16% 
    ** About 446,257 shares change hands as of 1:47 p.m. IST, vs
2.8x 30-day average of 161,071 shares
    ** Stock down ~15% YTD as of last close 

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))