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 have been mixed, with a decline in net sales and an increase in net profit. Meanwhile, the company has also approved a 1:1 bonus issue, which is expected to benefit its shareholders.
Q4 FY25 Results
For the fourth quarter of FY25, IRIS Clothings Ltd reported a net sales decline of 4% to ₹40.33 crore, compared to the same quarter in the previous year. Despite this decline, the company’s net profit rose 29% to ₹4.48 crore, indicating a significant improvement in its profitability.
FY25 Results
For the full fiscal year 2025, IRIS Clothings Ltd reported a net sales growth of 20% to ₹146.58 crore, compared to FY24. The company’s net profit also increased by 8% to ₹13.12 crore, indicating a steady growth in its profitability.
Production Capacity Expansion
To meet the growing demand for its products, IRIS Clothings Ltd has plans to ramp up its production capacity to 38,000 pieces daily in FY26. This expansion is expected to enable the company to capitalize on the growing demand for kids’ wear apparel and increase its market share in the industry.
Bonus Issue
In addition to its plans to expand production capacity, IRIS Clothings Ltd has also approved a 1:1 bonus issue, which is expected to benefit its shareholders. The bonus issue will result in the issue of one bonus share for every one share held by the shareholders, increasing the company’s total share capital.
Impact on Share Price
The announcement of the mixed results and the bonus issue is expected to have a positive impact on the company’s share price. The stock has been a multibagger in recent years, and the latest results are expected to further boost its value. At the current market price of around ₹70, the stock is considered to be a penny stock with significant growth potential.
Conclusion
In conclusion, IRIS Clothings Ltd has announced mixed results for Q4 FY25, with a decline in net sales and an increase in net profit. The company has also approved a 1:1 bonus issue, which is expected to benefit its shareholders. With plans to expand its production capacity and capitalize on the growing demand for kids’ wear apparel, IRIS Clothings Ltd is expected to continue its growth trajectory in the future.
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