Iris reports strong FY27 growth and outlines Vision 2030 expansion
IRISDOREME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts less than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Iris reported H1 FY27 revenue of Rs 109.40 crore, up 33.9%, and profit after tax of Rs 9.09 crore, up 34.7%. Q2 revenue rose 40.2% to Rs 62.16 crore, while gross profit rate improved to 40.7%. Its Vision 2030 plan targets 300 distributors, over 300 branded stores and 3 million direct consumers.
Strong growth supports the outlook, but capacity spending, higher borrowings and negative cash flow may weigh on near-term returns.