IRIS Business Services' Q2 FY 2025-26 Quarterly Results

Result Summary

• IRIS Business Services Ltd reported a 0.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 1.4%.
• Its expenses for the quarter were down by 5.7% QoQ and up 9.2% YoY.
• The net profit increased 50704.3% QoQ and increased 2903.9% YoY.
• The earnings per share (EPS) of IRIS Business Services Ltd stood at 56.23 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

## Company Overview
IRIS Business Services Ltd is a company engaged in providing services primarily within the information technology and software sectors. The company specializes in data management and business reporting services, leveraging its expertise in the XBRL (eXtensible Business Reporting Language) to offer solutions that cater to regulatory compliance and financial reporting needs. While specific recent developments about IRIS Business Services Ltd are not provided, the company operates in a niche market, often subject to technological advancements and regulatory changes that drive demand for its services.

## Revenue
For Q2FY26, IRIS Business Services Ltd reported a total income of ₹31.10 crores, which marks a slight increase of 0.1% from ₹31.06 crores in Q1FY26. However, compared to the same quarter in the previous fiscal year (Q2FY25), where total income was ₹31.54 crores, there is a decrease of 1.4%. The company's revenue generation appears stable on a quarterly basis but displays a slight downturn year-over-year, reflecting marginal fluctuations in its income streams.

## Profitability
The company's profitability metrics indicate a significant variance over the periods reviewed. The profit before tax for Q2FY26 stood at ₹2.10 crores, a substantial increase of 556.3% compared to ₹0.32 crores in Q1FY26, but a decline of 57.8% from ₹4.98 crores in Q2FY25. After accounting for taxes, the profit after tax was reported at ₹116.85 crores for Q2FY26, showcasing an extraordinary increase from both the previous quarter and the same quarter last year. The earnings per share for Q2FY26 was ₹56.23, reflecting similar trends in profitability with an enormous rise from ₹0.11 in Q1FY26 and ₹1.97 in Q2FY25.

## Operating Metrics
Total expenses for IRIS Business Services Ltd in Q2FY26 were ₹29.00 crores, which shows a reduction of 5.7% from the expenses of ₹30.74 crores in Q1FY26. When compared to Q2FY25, where the expenses were ₹26.56 crores, there is an increase of 9.2%. The tax expense for Q2FY26 was ₹0.26 crores, increasing by 160% from ₹0.10 crores in Q1FY26 but decreasing by 76.1% from ₹1.09 crores in Q2FY25. These operating metrics reveal a decline in quarterly expenses, while year-over-year, there is an uptick, suggesting higher operational costs compared to the previous year, albeit with a significant reduction in tax expenditure.