Iris Clothings Limited — Board Meeting, 28-10-2024: Outcome of Board Meeting

Iris Clothings Limited reported an impressive 28.6% YoY revenue growth in Q2FY25, totaling ₹414 million, with a half-year revenue of ₹729 million, a 29.2% increase. Despite higher input costs impacting margins, the PAT stood at ₹38.4 million for Q2 and ₹62.7 million for H1. The company plans to open 15 new retail outlets and expand its Direct-to-Consumer segment. The robust performance highlights a strong recovery trajectory and an expanding market presence.