IRIS.NSE

IRIS Business Services Ltd.

IRIS Business share price: IRIS Business Services has collaborated with the Department of Industries, Trade & Commerce, Government of Goa, in a Public-Private Partnership (PPP) to provide data-driven technology solutions for small and medium enterprises. The initiative aims to improve MSME credit access and simplify compliance management, according to the company's filing with the exchange.

IRIS Business Services Limited reported a 29% year-over-year revenue increase and a 155% rise in net profits for the first nine months of FY 2025, despite a 19% wage bill increase. Revenues reached Rs 123.64 crores, driven primarily by the Suptech segment, with Africa contributing over a third of total revenues and India about 30%. The company is optimistic about future growth due to increased marketing efforts for its IRIS Carbon product, which is gaining traction in disclosure management and ESG reporting markets. The company ranks highly in these segments according to G2 findings.

Engineers India, Aditya Birla Fashion and Retail, Amara Raja Energy & Mobility, Aster DM Healthcare, EIH, Exicom Tele-Systems, and IRCTC are among the 440 companies set to announce their March quarter earnings on Tuesday.

For the nine months period ended December FY24, the consolidated net profit surged 50.4 percent to Rs 4.06 crore compared to year-ago period, IRIS Business Services said.