Iris Clothings Limited — Investor Meet, 02-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Iris Clothings Limited reported strong revenue growth of 28.6% year-on-year in Q2 FY25, reaching INR 41.3 crores. The company expanded its distributor network to 173 and launched five new exclusive brand outlets, enhancing its retail presence. Despite challenges with input costs impacting margins, the outlook remains positive, driven by upcoming festive demand. The company plans to open around 15 more stores by year-end, targeting a total of 100 stores in three years and diversifying its product offerings with new kids' winter sportswear.