Iris Business Services Limited announced its financial performance for the quarter ended December 31, 2024 (Q3 FY25), reporting a notable surge in net profit and stable revenue growth.
The company posted a net profit of ₹3.59 crore for Q3 FY25, a significant jump from ₹1.76 crore in the same quarter last year, driven by operational efficiency and cost management. Total income for the quarter stood at ₹33.32 crore, up from ₹27.44 crore YoY. Revenue from operations contributed ₹32.83 crore, reflecting a steady increase compared to the previous year’s ₹27.34 crore.
Expenses for the quarter amounted to ₹28.34 crore, with key contributors being employee benefits and amortization expenses. Profit before tax reached ₹4.98 crore, up from ₹2.08 crore YoY.
- Total Income: 21.43% YoY increase
- Revenue from Operations: 20.08% YoY increase
- Net Profit: 103.98% YoY increase
- Profit Before Tax: 139.42% YoY increase
With consistent performance across quarters, Iris Business Services continues its focus on operational growth, reflecting its resilience amid a competitive business environment.