IIRM Holdings India Ltd — Updates, 24-04-2025: Company Update

IIRM Holdings India Ltd. has shared its Annual Business Performance Review, highlighting a 23% increase in revenue to INR 2.21 billion, driven by strong market demand and strategic partnerships. The retail portfolio notably doubled to INR 457 million. Despite industry-wide challenges, including a slowdown in the Non-Life Insurance sector, IIRM has maintained robust growth through innovative strategies and a diversified revenue stream. Looking forward, the company aims to enhance its Retail segment and explore inorganic growth opportunities, creating a positive outlook for shareholders amid a challenging market climate.