IRIS Business Services Ltd's Q4FY25 Quarterly Results

Result Summary

• IRIS Business Services Ltd reported a 8.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 45.1%.
• Its expenses for the quarter were up by 3460.6% QoQ and 32.0% YoY.
• The net profit increased 31.8% QoQ and increased 199.4% YoY.
• The earnings per share (EPS) of IRIS Business Services Ltd stood at 2.4 during Q4FY25.

Financial Statments for Q4FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

IRIS Business Services Ltd is a company operating within the realm of business services, focusing primarily on providing solutions for financial reporting and compliance. The company specializes in offering products and services that facilitate accurate and efficient handling of enterprise data, leveraging technology to improve transparency and efficiency in financial reporting. While there are no specific details available in this dataset about recent major developments, IRIS Business Services Ltd is known for its emphasis on innovation in financial reporting and compliance tools, catering to a diverse range of clients across various sectors.

Revenue

During Q4FY25, IRIS Business Services Ltd reported a total income of ₹30.61 crores. This represents a decline of 8.1% quarter-over-quarter (QoQ) from ₹33.32 crores in Q3FY25. However, when compared year-over-year (YoY), there is a significant increase of 45.1% from ₹21.09 crores in Q4FY24. These figures demonstrate the company's capacity for revenue generation over the longer term, even though it experienced a temporary decline this quarter compared to the previous one.

Profitability

The company's profit before tax for Q4FY25 was ₹5.32 crores, an increase of 6.8% QoQ from ₹4.98 crores in Q3FY25 and a substantial rise of 174.2% YoY from ₹1.94 crores in Q4FY24. The tax expenses for Q4FY25 were ₹0.60 crores, which is a reduction of 56.8% QoQ from ₹1.39 crores in the previous quarter, but a 66.7% increase YoY from ₹0.36 crores. Consequently, the profit after tax stood at ₹4.73 crores, marking a 31.8% QoQ increase from ₹3.59 crores and a remarkable 199.4% YoY increase from ₹1.58 crores. Earnings per share for Q4FY25 were ₹2.40, up by 33.3% QoQ from ₹1.80 and 200.0% YoY from ₹0.80, reflecting the company's enhanced profitability over the period.

Operating Metrics

Throughout Q4FY25, IRIS Business Services Ltd experienced significant changes in its operating metrics. Total expenses were reported at ₹25.28 crores, a dramatic increase of 3460.6% QoQ from ₹0.71 crores in Q3FY25 and a 32.0% rise YoY from ₹19.15 crores in Q4FY24. This substantial QoQ increase suggests a notable change in cost structure or accounting practices between the quarters. Despite the increase in expenses, the company managed to maintain impressive profit growth, as evidenced by the rise in both profit before and after tax. The company's ability to achieve profitability despite increased expenses is reflected in the earnings per share, which increased significantly both QoQ and YoY. These metrics paint a detailed picture of the company's operational efficiency and financial health over the analyzed periods.