We hereby announce the re-appointment of internal auditors for FY 2026-27.
IRIS · price
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IRIS RegTech reported FY2026 results with continuing revenue of ₹12,849.85 Lakhs, up 17% YoY from ₹10,967.60 Lakhs. Profit from continuing operations grew modestly by 3.7% to ₹1,416.29 Lakhs. The company divested its GST ASP business and e-invoicing operations in Malaysia to Sovos for a significant exceptional gain of ₹13,598.67 Lakhs, driving total net profit to ₹12,653.76 Lakhs (vs ₹1,325.18 Lakhs in prior year). Segment-wise, SupTech contributed ₹2,415.32 Lakhs and RegTech ₹878.85 Lakhs, while DataTech posted a loss of ₹178.16 Lakhs. The Board also approved establishing a new WOS in UAE and closing Atanou S.R.L. in Romania, alongside reappointing M.P. Chitale & Co. as internal auditors for FY2026-27. Auditors issued an unmodified opinion. The company is relocating its registered and operational office from Vashi to Turbhe, Navi Mumbai.
The exceptional gain from the GST divestment significantly inflated net profit; continuing business growth of 17% is healthy though profit growth lagged due to increased costs. The DataTech segment loss warrants monitoring. Expansion into UAE signals strategic growth intent while subsidiary rationalisation aims to reduce overhead.