Iris Clothings Limited — Board Meeting, 15-05-2025: Outcome of Board Meeting

Iris Clothings Limited has announced a board meeting on 15th May 2025, approving the audited financial results for the quarter and year ended March 2025. Consolidated revenue rose to Rs. 146.27 Cr from Rs. 121.92 Cr last year, with profit before tax improving to Rs. 17.82 Cr and net profit climbing to Rs. 13.12 Cr. The board approved a 1:1 bonus share issue, doubling equity capital to Rs. 32.07 Cr. Strong reserves of Rs. 659.69 Cr position the company well for future growth.