IRIS Business Services (540735) Q3 25/26 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

• Strategic divestment of Tax Technology GST ASP business, sale of IRIS Logix Solutions Private Limited, and e-invoicing business in Malaysia, with gains recognized as discontinued operations.

• Incorporation of a wholly owned subsidiary, IRIS Data Solutions Private Limited, to house and scale the DataTech business.

• Appointment of Mr. Dixit Jasani as Chief Revenue Officer (Enterprise Division) and Mr. Bhaswar Mukherjee as Chairman of the Board.

• Amendment to the Code of Conduct for Fair Disclosure of Unpublished Price Sensitive Information.

Financial highlights

• Consolidated revenue from operations for nine months ended December 31, 2025: ₹8,934.40 lakhs, up from ₹7,993.63 lakhs year-over-year.

• Net profit for the period (including discontinued operations): ₹11,685.04 lakhs for the quarter, driven by exceptional gain from divestments.

• Profit from continuing operations for the quarter: ₹531.36 lakhs; for nine months: ₹1,027.72 lakhs.

• Earnings per share (EPS) for continuing and discontinued operations: Basic ₹56.87 for the quarter, ₹59.53 for nine months.

Outlook and guidance

• Focus on core business lines post-divestment, with DataTech business to be scaled via a new subsidiary.

• Continued financial support for US subsidiary despite negative net assets, with future prospects considered positive.