Iris Clothings Limited has informed the Exchange regarding Outcome of Board Meeting held on May 11, 2026.
IRISDOREME · price
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Iris Clothings Limited reported audited financial results for FY2026 with total income of Rs 19,117.68 lakhs, up 30.5% from Rs 14,657.93 lakhs in FY2025. Revenue from operations grew to Rs 19,086.94 lakhs from Rs 14,627.33 lakhs. Profit after tax increased to Rs 1,619.24 lakhs from Rs 1,312.23 lakhs, while EPS improved to Rs 0.85 from Rs 0.80. The company raised Rs 4,758.28 lakhs via rights issue in April 2025 and issued bonus shares in 1:1 ratio in July 2025. However, operating cash flow turned negative at Rs -670.42 lakhs compared to Rs 253.48 lakhs positive in the previous year. Statutory auditors issued an unmodified (clean) opinion on the financial statements.
Strong revenue and profit growth reflects healthy business performance, but the significant negative operating cash flow is a concern for shareholders. The rights issue proceeds should help fund operations, but investors should monitor cash flow recovery in upcoming quarters.