Iris Clothings Q1 PAT up 53 percent, Revenue up 26 percent, plans 51 percent stake buy
IRISDOREME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Iris Clothings posted strong Q1 FY27 results with revenue from operations rising about 26 percent YoY to Rs 4,723.73 lakhs from Rs 3,739.90 lakhs. Profit after tax jumped around 53 percent to Rs 401.24 lakhs from Rs 263.01 lakhs, with EPS at Rs 0.21. Profit before tax rose to Rs 538.29 lakhs. Board approved acquiring a 51 percent stake in Infinia Lifestyle Private Limited, subject to shareholder and regulatory nods. 15th AGM scheduled for 21 September 2026 via video conferencing. Statutory auditor AMK and Associates issued a clean limited review report with no qualifications.
Strong YoY revenue and profit growth signal healthy demand. Proposed lifestyle segment acquisition could open new growth avenues for shareholders.