Iris Clothings Limited — Updates, 03-02-2025: Press Release

Iris Clothings reported a solid performance for Q3 and the first nine months of FY25, showcasing a consolidated total income growth of 42.1% YoY to ₹334.0 Mn in Q3, and a 33.0% YoY growth to ₹1,062.5 Mn for 9MFY25. The EBITDA for Q3FY25 increased 11.9% YoY to ₹60.6 Mn, although margins saw a dip due to higher input costs, resulting in an EBITDA margin of 18.1%. Profit after tax for Q3 rose 19.6% YoY to ₹23.7 Mn, while the 9MFY25 PAT stood at ₹86.4 Mn.

Looking ahead, the company is focused on expanding its Direct-to-Consumer segment and plans to launch over 400 new stores by FY30, balancing both COCO and FOCO models. Additionally, Iris Clothings continues to strengthen its product offerings in the infant wear category, which has performed well in the market. The outlook remains positive, backed by strategic growth initiatives and a solid brand presence.