| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 32.83 | 6.4% |
| Total Income | 33.32 | 5.7% |
| Expenditure | 28.34 | 6.7% |
| PBT | 4.98 | 0.0% |
| Net Profit | 3.59 | 7.7% |
| OPM | 11.52% | 0.03pp |
| NPM | 10.78% | 1.56pp |
| EPS | 1.83 | 8.5% |
IRIS Business Services Ltd Reports 29% YoY Growth in Revenues for 9M FY 25, 155% YoY Growth in Net Profits
01 Feb 2025 · 1 Feb 2025, 12:57 am
Summary
IRIS Business Services Limited has reported an impressive 29% YoY growth in revenues for 9M FY 25 and a significant 155% YoY growth in Net profits for the same period. This growth was achieved despite a 19% increase in the wage bill. The Suptech segment drove the growth, while the Regtech segment had a relatively modest performance. Africa remained the biggest contributor to company revenues, accounting for over a third of the total revenues. India came second with approximately 30% contribution to the top line. The company is confident that its marketing efforts with IRIS Carbon will yield results in the days ahead.
Key Highlights
- 1
29% YoY growth in revenues for 9M FY 25
- 2
155% YoY growth in Net profits for 9M FY 25
- 3
Africa contributes over a third of total revenues
- 4
India contributes approximately 30% to the top line
- 5
Confidence in IRIS Carbon marketing efforts yielding results
Management Comments
Deepta Rangarajan
We are confident that our marketing efforts with IRIS Carbon will start yielding results in the days ahead... We are showing our customers how even as they use Carbon for reg reporting, they can use it for disclosure management too... We are well placed to do serve the growing market for DM software considering that IRIS Carbon is already counted among the leaders in this market segment as G2 rankings show... In the immediate run, IRIS is also looking to serve the need for a robust software for ESG reporting.
Informational and educational content only. Not investment advice.