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Iris Clothings Ltd Q1 FY24; 76% rise in Profits

IRIS Clothings Limited, incorporated in 1956, is engaged in designing, manufacturing, branding and selling garments for kids. Iris Clothings Limited is a fast-growing readymade garment company and is engaged in designing, manufacturing, branding and selling garments for kids wear under the brand name DOREME in India. It produces a broad range of unique apparels for infants, toddlers and junior boys and girls.

Financial Results:

  • Iris Clothings Ltd reported Revenues for Q1FY24 of ₹24.16 Crores up from ₹23.29 Crore year on year, a rise of 3.74%.
  • Total Expenses for Q1FY24 of ₹20.05 Crores down from ₹20.98 Crores year on year, a fall of 4.43%.
  • Consolidated Net Profit of ₹3.08 Crores up 76.0% from ₹1.75 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.89, up 76.64% from ₹1.07 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Clothing
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