Iris Clothings Limited has informed the Exchange regarding Outcome of Board Meeting held on August 08, 2025.
IRISDOREME · price
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Iris Clothings' board approved its unaudited Q1 FY26 results, with revenue from operations rising to Rs. 3,739.90 lakhs from Rs. 3,142.97 lakhs in Q1 FY25, a growth of about 19% year-on-year. Profit after tax stood at Rs. 263.01 lakhs (vs Rs. 242.45 lakhs), while EPS came in at Rs. 0.14. Independent Director Mrs. Vranda Manish Rathi resigned citing personal pre-occupations, and Mr. Manoj Tulsyan was proposed for re-appointment as Independent Director. The board also approved the 14th AGM for September 16, 2025, re-appointed Vimal & Seksaria as Internal Auditor, and appointed Pooja Bachhawat as Secretarial Auditor for five years.
The Q1 results show steady top-line growth and modest improvement in profitability, but no major surprises. The single independent director exit is routine and not governance-concerning, so the impact on shareholders is neutral.