External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Interloop (ILP) conducted its Corporate Briefing Sessions today where it discussed its financial performance and future outlook.</li><li>Gross margins declined to 21% in FY25 from 28% in FY24; however, they improved to 23% in 1QFY26, mainly due to reduced losses in the apparel segment. While hosiery remained the only profitable segment last year, declining losses in other segments are now driving ILP's overall profitability.</li><li>The company mentioned that, if tariffs on India are reduced to 15%, it might impact the sector, however, ILP might not be affected due to its product mix.</li></ul>

Interloop (ILP) conducted its Corporate Briefing Sessions today where it discussed its financial performance and future outlook.Gross margins declined to 21% in FY25 from 28% in FY24; however, they improved to 23% in 1QFY26, mainly due to reduced losses in the apparel segment. While hosiery remained the only profitable segment last year, declining losses in other segments are now driving ILP's overall profitability.The company mentioned that, if tariffs on India are reduced to 15%, it might impact the sector, however, ILP might not be affected due to its product mix.

Topline Flash Note: Interloop Limited (ILP) - Corporate Briefing Key Takeaways