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. 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. The company’s FY25 results, however, showed an increase in net sales by 20% to ₹146.58 crore, and net profit by 8% to ₹13.12 crore.
The company’s declining net sales in Q4 FY25 can be attributed to various factors, including the ongoing COVID-19 pandemic and the resulting lockdowns and restrictions. However, the company’s net profit showed a significant increase, indicating that the company was able to maintain its profitability despite the challenging market conditions.
On the other hand, the company’s FY25 results showed a significant increase in both net sales and net profit. The company’s net sales grew by 20% to ₹146.58 crore, while its net profit increased by 8% to ₹13.12 crore. This growth can be attributed to the company’s efforts to increase its production capacity and expand its market reach.
IRIS Clothings Ltd has also announced plans to ramp up its production capacity in the upcoming financial year. The company plans to increase its daily production to 38,000 pieces in FY26, which will enable it to meet the growing demand for its products. This increased capacity will also help the company to reduce its dependence on third-party suppliers and improve its overall efficiency.
In addition to its plans to increase production capacity, the company has also approved a 1:1 bonus share issue. This means that every shareholder will receive one bonus share for every one share they hold. This move is expected to increase the company’s share capital and improve its liquidity.
The company’s stock has been gaining traction in recent times, and its 1:1 bonus share issue is expected to further boost its stock price. The company’s stock is currently trading at around ₹70, and its market capitalization is around ₹200 crore. With its plans to increase production capacity and expand its market reach, the company is expected to continue its growth momentum in the upcoming financial year.
IRIS Clothings Ltd is a leading kids’ wear apparel company that was established in 1991. The company is headquartered in Delhi and has a presence in over 20 countries around the world. The company offers a wide range of kids’ wear products, including casual wear, formal wear, and accessories. IRIS Clothings Ltd is known for its high-quality products and its commitment to customer satisfaction.
In conclusion, IRIS Clothings Ltd’s recent results show a mixed performance, with declining net sales in Q4 FY25 but growing net sales and net profit in FY25. The company’s plans to increase production capacity and expand its market reach are expected to drive its growth momentum in the upcoming financial year. The company’s 1:1 bonus share issue is also expected to improve its liquidity and boost its stock price.
