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 financial year 2025 (FY25). The company’s Q4 FY25 results showed a mixed performance, with a decline in net sales and an increase in net profit. Despite this, the company has approved a 1:1 bonus share issue, which is expected to benefit its shareholders.
Net Sales Decline in Q4 FY25
IRIS Clothings Ltd reported a decline of 4% in its net sales for the quarter ended March 31, 2025, which stood at ₹40.33 crore. This decline in net sales was primarily due to the challenging market conditions and intense competition in the kids’ wear apparel segment. Despite this, the company’s net profit for the quarter rose by 29% to ₹4.48 crore, indicating that the company has been able to maintain its profitability.
Net Sales Growth in FY25
On a year-on-year basis, IRIS Clothings Ltd reported a growth of 20% in its net sales for FY25, which stood at ₹146.58 crore. This growth was driven by the company’s expansion into new markets and the increasing demand for its products. The company’s net profit for FY25 also increased by 8% to ₹13.12 crore, indicating that the company has been able to maintain its profitability.
Ramping Up Production
IRIS Clothings Ltd has announced that it plans to ramp up its production to 38,000 pieces daily in FY26. This is expected to help the company to increase its sales and profitability. The company has also announced that it will be investing in new machinery and technology to improve its production process and reduce costs.
1:1 Bonus Share Issue
IRIS Clothings Ltd has approved a 1:1 bonus share issue, which is expected to benefit its shareholders. The company will issue one bonus share for every one share held by its shareholders. This is expected to increase the company’s share capital and improve its liquidity.
Impact on Share Price
The announcement of IRIS Clothings Ltd’s mixed results and 1:1 bonus share issue is expected to have a positive impact on its share price. The company’s stock has been under pressure in recent times, but the announcement of the bonus share issue is expected to provide a boost to its share price. The company’s stock has already rallied by 10% in the past few days, indicating that investors are optimistic about its future prospects.
Conclusion
IRIS Clothings Ltd’s mixed results and 1:1 bonus share issue are expected to have a positive impact on its share price. The company’s plans to ramp up production and invest in new machinery and technology are expected to improve its sales and profitability in the future. The bonus share issue is expected to benefit its shareholders and increase the company’s liquidity.
