Iris Clothings Limited — Updates, 28-10-2024: Press Release

Iris Clothings Limited reported robust financial results for Q2 and H1 FY25, with total revenue growing 28.6% YoY to ₹414 million and 29.2% YoY to ₹729 million respectively. EBITDA increased to ₹81 million for Q2, while profit after tax was ₹38 million, reflecting a 5% YoY growth. The company plans to open 15 new exclusive brand outlets by year-end, enhancing its retail presence amid increased input costs. Continued expansion and product diversification are key strategic priorities.