Iris Business Services Limited has informed the Exchange about Copy of Newspaper Publication
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IRIS Business Services has published its audited financial results for Q4 FY25 and full year FY25 in the Free Press Journal and Dainik Pudhari, as required by SEBI listing rules. On a consolidated basis, full-year revenue grew to ₹12,596.78 lakhs (up 23% from ₹10,229.66 lakhs in FY24), with net profit after tax rising to ₹1,325.18 lakhs (up ~51% from ₹878.83 lakhs). Basic EPS for FY25 stood at ₹6.55 vs ₹4.49 last year. However, Q4 FY25 net profit fell to ₹288.16 lakhs from ₹472.35 lakhs in Q4 FY24, even as quarterly revenue rose to ₹3,464.14 lakhs. The notes also mention the sudden demise of Promoter and CEO Mr. S. Swaminathan, with CFO K. Balachandran taking on additional responsibilities, conversion of warrants into equity shares in April 2025, and incorporation of a new subsidiary in Malaysia.
Strong full-year growth in revenue and profit is a positive signal, but the sharp decline in Q4 net profit despite higher revenue may raise concerns about margin pressure or one-time costs. The leadership transition following the CEO's demise is a key risk factor to watch, though continuity has been ensured with the CFO stepping in.