IRIS Clothings Ltd announces mixed results & 1:1 bonus share
IRIS Clothings Ltd, a leading kids’ wear apparel company, has recently announced its financial results for the fourth quarter (Q4) and fiscal year (FY) 2025. The company’s financial performance has been a mixed bag, with some positive trends and others that require attention.
Q4 FY25 Results
For the quarter ended March 31, 2025, IRIS Clothings reported a decline in net sales of 4% to ₹40.33 crore, compared to the same period last year. On the other hand, the company’s net profit rose 29% to ₹4.48 crore, driven by improved operational efficiencies and cost management.
FY25 Results
For the fiscal year 2025, IRIS Clothings’ net sales grew 20% to ₹146.58 crore, representing a significant improvement over the previous year. The company’s net profit also increased by 8% to ₹13.12 crore, reflecting the positive impact of its strategic initiatives.
Business Outlook
In its financial statement, IRIS Clothings has outlined its business plans for the upcoming fiscal year 2026. The company aims to ramp up its production capacity to 38,000 pieces daily, which is expected to drive revenue growth and improve profitability. With its focus on expanding its product portfolio and strengthening its distribution network, IRIS Clothings is confident of maintaining its growth momentum in the future.
Bonus Share
In a significant development, IRIS Clothings has approved a 1:1 bonus issue, which will further benefit its shareholders. The bonus share will be issued in the ratio of 1:1, i.e., for every one equity share held by the shareholder, one additional equity share will be issued. This move is expected to increase the company’s share capital and enhance its liquidity.
Market Reaction
IRIS Clothings’ mixed results and the announcement of a 1:1 bonus share have been well-received by the market. The company’s stock price has rallied sharply, driven by the positive sentiment surrounding the news. With its strong financial performance and growth prospects, IRIS Clothings is likely to remain a favorite among investors in the coming months.
Conclusion
In conclusion, IRIS Clothings’ mixed Q4 FY25 results, along with the approval of a 1:1 bonus share, are significant developments for the company and its shareholders. While the decline in net sales during Q4 is a concern, the company’s growth momentum and improved profitability are encouraging signs. With its plans to ramp up production and expand its product portfolio, IRIS Clothings is poised for further growth and success in the future.
