Thomas Scott India Limited , a technology-enabled fashion retailer, has reported its best quarterly sales performance in Q2 FY26, with revenue reaching Rs 57.00 crore, marking a 40% year-on-year growth. The company's EBITDA also saw a significant increase, rising 93% year-on-year to Rs 8.50 crore.

Financial Highlights

H1 FY26 Performance

For the first half of FY26, Thomas Scott India reported:

Brand Performance

The company's flagship brand, Thomas Scott, delivered revenues of Rs 22.00 crore, up 77% year-on-year. Licensed and other brands supported by the company maintained steady traction with revenues of Rs 33.00 crore, an increase of 23% year-on-year. The contract manufacturing business (B2B) contributed Rs 3.00 crore, growing 40% year-on-year.

Operational Highlights

• Thomas Scott India operates 15+ brands and offers over 19,000 SKUs.
• The company has manufacturing units in Solapur, Bangalore, and Gurgaon, along with four fulfillment centers across India.
• During Q2, the company opened a new exclusive store at Gopalan Mall in Bangalore, bringing its total number of exclusive outlets in the city to six.

Technology Integration

Thomas Scott India is leveraging its proprietary platforms, Thread AI and Catalog AI, for product planning, demand forecasting, and catalog management. These tools help identify emerging fashion trends, gain pricing insights, and determine high-demand products, leading to better conversion rates and faster response to changing market preferences.

Management Commentary

Vedant Bang, Managing Director heading the e-commerce division, stated, "The strong financial performance reflects disciplined execution, improved price realization, and operating leverage gained from our scale and digital model. We continued to see healthy momentum, despite a temporary slowdown in customer uptake caused by deferred purchases for when the GST rate cut offered."

Thomas Scott India Limited's performance in Q2 FY26 demonstrates the company's ability to capitalize on its technology-driven approach and diverse brand portfolio. The significant growth in revenue and profitability underscores the effectiveness of its strategy in the competitive fashion retail market.

Thomas Scott (India) Limited , a prominent player in the Indian textile industry, has reported a fire incident at its factory premises in Gurgaon, leading to a temporary halt in operations at the affected area. The incident, which occurred on July 27, 2025, has prompted immediate action from the company's management to assess damages and resume operations.

Fire Incident Details

The fire broke out at the company's factory located at Plot No. 423, Ground Floor, Pace City II, Sector 37, Gurgaon 122004, Haryana. According to the company's official statement:

• The incident caused damage to a part of the factory building and certain machinery/assets.
• Fortunately, no personnel were injured or killed in the incident.
• The exact quantum of loss is currently being assessed.

Company's Response

Thomas Scott (India) Limited has taken swift action in response to the fire:

1. Immediate Control Measures: The company has taken steps to control the situation and is coordinating with local authorities.
2. Insurance Claims: The incident has been reported to the insurance company, and the necessary claims are being filed.
3. Operational Impact: Operations at the affected shed have been temporarily halted.
4. Resumption Plans: Management is actively working to resume operations as soon as possible and mitigate the impact on business.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Thomas Scott (India) Limited has formally notified both the BSE Ltd and the National Stock Exchange of India Ltd about the incident.

Management Statement

Brijgopal Bang, Managing Director of Thomas Scott (India) Limited, signed the official intimation to the stock exchanges, assuring stakeholders that the company is taking all necessary actions to address the situation.

Looking Ahead

While the full extent of the damage is yet to be determined, Thomas Scott (India) Limited has emphasized its commitment to resuming normal operations promptly. The company has stated that it will keep the stock exchanges informed of any material developments regarding this incident.

Investors and stakeholders are advised to monitor official communications from the company for further updates on the situation and its potential impact on business operations.