Navi Mumbai, India – May 15, 2025: IRIS Business Services Ltd., BSE (Scrip code: 540735) and NSE (Symbol: IRIS), a Global RegTech company, announced today its financial results for the Fourth Quarter (Q4FY25) & Full Year (FY25) ended 31st March 2025. Demonstrating strong and sustained performance, the company reported a 25% YoY growth in total income and a 51% jump in net profit for the full year, signalling continued operating leverage and consistent product demand.
Commenting on the Q4FY25 results, K. Balachandran, Co-Founder and Director, IRIS Business Services Ltd., said:
“We are pleased to report a strong close to the year, with Q4FY25 revenue at ₹3,464 lakhs, reflecting a 14% YoY and 6% QoQ growth, and an EBITDA margin of 17%. For full year FY25, revenue grew 23% YoY to ₹12,597 lakhs, with an EBITDA margin of 17% and PAT grew at 51% YoY to ₹1,325 lakhs. The growth was broad-based across segments, primarily led by SupTech, which grew by 34% YoY in FY25. Our RegTech segment also delivered 12% YoY growth during the year, and we remain committed to deepening our investments in this space. Africa continues to be the largest contributor, accounting for 35% of the total revenue. India follows as the second-largest market, contributing 30% of our top line.”
Commenting on the Q4FY25 results, Deepta Rangarajan, Co-Founder and Director, IRIS Business Services Ltd., said:
“Our growth this year is a direct reflection of our deep regulatory expertise and product maturity. We’ve stayed focused on delivering high-value regtech and connected reporting solutions to both enterprises and governments worldwide. We are happy to note that our investments in sales and marketing in IRIS Carbon is beginning to yield results, positioning us for further growth. We continue to see sustained traction from regulatory mandates and our offerings are now further strengthened with AI driven innovations as well.”
Consolidated Financial Performance:
Figures in ₹ Lakhs |
Q4FY25 |
Q3FY25 |
QoQ Growth |
Q4FY24 |
YoY Growth |
FY25 |
FY24 |
YoY Growth |
Total Income |
3,547 |
3,332 |
6% |
3,061 |
16% |
12,851 |
10,296 |
25% |
Revenue From Operations |
3,464 |
3,283 |
6% |
3,035 |
14% |
12,597 |
10,230 |
23% |
EBITDA |
585 |
568 |
3% |
666 |
(12%) |
2,154 |
1,588 |
36% |
EBITDA Margin % |
17% |
17% |
(56bps) |
22% |
(527bps) |
17% |
15% |
133bps |
PAT |
288 |
359 |
(20%) |
472 |
(39%) |
1,325 |
879 |
51% |
PAT Margin % |
8% |
11% |
(266bps) |
16% |
(731bps) |
11% |
9% |
178bps |
EPS (₹) Diluted |
1.36 |
1.77 |
(23%) |
2.41 |
(44%) |
6.43 |
4.46 |
44% |
Revenue Mix by Segment:
Figures in ₹ Lakhs |
FY25 |
FY24 |
||||
Revenue |
% to Revenue |
Revenue |
% to Revenue |
YoY Growth% |
||
SupTech |
6,150 |
49% |
4,584 |
45% |
34% |
|
RegTech |
4,278 |
34% |
3,832 |
37% |
12% |
|
TaxTech |
1,728 |
14% |
1,436 |
14% |
20% |
|
DataTech |
95 |
1% |
99 |
1% |
(4%) |
|
Others |
346 |
2% |
279 |
3% |
24% |
|
Revenue From Operations |
12,597 |
10,230 |
About IRIS Business Services Limited
IRIS Business Services Limited is a Global RegTech company listed on the BSE (Scrip code: 540735) and the NSE (Symbol: IRIS). The IRIS SupTech suite is leveraged by 30+ regulators worldwide including business registries, central banks and stock exchanges/ securities commissions to simplify and streamline their supervisory operations. IRIS is a leading provider of financial, ESG and regulatory reporting software to enterprises, banks and financial institutions across the world. For more information, please visit www.irisbusiness.com
For further information, please contact:
IRIS Business Services Limited Santoshkumar Sharma Email: [email protected] |
Ernst & Young LLP Asha Gupta Email: [email protected] |
Ernst & Young LLP Siddesh Chawan Email: [email protected] |
Safe harbor statement
Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.