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IRIS Clothings Ltd announces mixed results & 1:1 bonus share
short by / on Friday, 16 May, 2025
IRIS Clothings, a kids' wear apparel company, reported mixed Q4 FY25 results: net sales declined 4% to ₹40.33 crore, while net profit rose 29% to ₹4.48 crore. For FY25, net sales grew 20% to ₹146.58 crore, and net profit increased 8% to ₹13.12 crore. The company plans to ramp up production to 38,000 pieces daily in FY26 and has approved a 1:1 bonus issue.