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Cryptocurrency News Articles
Iris Clothings Limited (NSE: IRISDOREME) Reports Strong Q4FY25 Performance
May 16, 2025 at 08:18 pm
Mumbai (Maharashtra) [India], May 16: Iris Clothings Limited (NSE: IRISDOREME), a readymade garment company engaged in designing, manufacturing
MUMBAI, INDIA / __May 16, 2 Iris Clothings Limited (NSE: IRISDOREME), a company designing, manufacturing, branding and selling readymade garments in the kids wear segment, reported their financial results for the quarter and year ended March 31, 2025.
Q4 FY25 Key Financial Highlights:
Revenue from operations increased by 1.7x to Rs. 138.1 crores compared to Q4 FY24.
The company reported an operating profit (OP) of Rs. 10.4 crores compared to a loss of Rs. 10.3 crores in Q4 FY24.
The net profit for the quarter stood at Rs. 9.3 crores compared to a net loss of Rs. 12.9 crores in Q4 FY24.
FY25 Key Financial Highlights:
Iris Clothings achieved a 48.3% increase in revenue from operations to Rs. 444.3 crores compared to FY24.
The company reported an operating profit (OP) of Rs. 26.4 crores compared to a loss of Rs. 2.4 crores in FY24.
The net profit for the year was reported at Rs. 18.9 crores compared to a net loss of Rs. 21.4 crores in FY24.
Other Key Highlights:
The company successfully completed a capital raising through a rights issue in Q4 FY25, finally realizing a total of Rs. 47.5 crores.
Iris Clothings added 9 new distributors in Q4 FY25, significantly expanding its B2B segment.
The company is planning to expand its production capacity further to reach 38,000 pieces per day in FY26.
Iris Clothings will be introducing a new line of inner wear and enhancing its sportswear offerings.
The company is focusing on increasing demand organically and through new capacity additions.
Moreover, Iris Clothings is aiming to grow its retail D2C segment to accelerate its growth trajectory.
Commenting on the Company's performance Mr. Santosh Ladha, Managing Director said: “I am pleased to announce that we continue to grow in Q4FY25. Throughout the year, we encountered challenges related to input costs; however, we experienced a revival in Q4FY25, which is evident in our improved operational profitability. The growth was accelerated by our B2B segment where we have added 9 new distributors during the quarter. Recently, we have also successfully raised capital through a rights issue totalling Rs. 47.5 crores, which will be strategically allocated to support our growth initiatives.
Looking ahead to FY26, we plan to expand our production capacity further to reach 38,000 pieces per day. We are excited to introduce our new inner wear line and enhance our sportswear offerings, underscoring our commitment to innovation and quality. We anticipate strong growth driven by organic demand and new capacity additions, while also focusing on enhancing our retail D2C segment to accelerate our growth trajectory and deliver greater value to our stakeholders. Iris Clothings remains dedicated to elevating the DOREME brand and advancing the company to the next level of growth.”
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