IRIS Clothings Ltd Announces Mixed Results & 1:1 Bonus Share
IRIS Clothings Ltd, a leading kids’ wear apparel company, has recently announced its quarterly and annual results for the fiscal year 2025. The company’s Q4 FY25 results showed a mixed performance, with net sales declining by 4% to ₹40.33 crore, while net profit rose by 29% to ₹4.48 crore. On the other hand, the company’s FY25 results were more encouraging, with net sales growing by 20% to ₹146.58 crore, and net profit increasing by 8% to ₹13.12 crore.
The company’s Q4 FY25 results were affected by various factors, including a decline in sales of casual wear and a rise in raw material costs. However, the company’s management remains optimistic about its future prospects, citing growing demand for its products and plans to ramp up production.
In an effort to capitalize on the growing demand for its products, IRIS Clothings Ltd has announced plans to increase its production capacity. The company plans to ramp up its production to 38,000 pieces daily in FY26, which is a significant increase from its current production capacity of around 25,000 pieces daily. This increased production capacity is expected to help the company meet the growing demand for its products and improve its profitability.
In addition to its plans to increase production, IRIS Clothings Ltd has also announced a 1:1 bonus share issue. This means that shareholders will receive one bonus share for every one share they hold. The bonus share issue is expected to be a major boost for the company’s stock price, and could attract new investors to the company.
IRIS Clothings Ltd’s 1:1 bonus share issue is a significant event in the company’s history, and is likely to have a major impact on its stock price. The bonus share issue is expected to increase the company’s total share capital, and could attract new investors to the company. This could lead to a significant increase in the company’s stock price, making it an attractive investment opportunity for investors.
In conclusion, IRIS Clothings Ltd’s mixed Q4 FY25 results and 1:1 bonus share issue are significant events in the company’s history. While the company’s Q4 FY25 results were affected by various factors, its FY25 results were more encouraging. The company’s plans to increase production and its 1:1 bonus share issue are expected to have a major impact on its stock price, and could attract new investors to the company.
