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Iris Business Serv. - Quaterly Results

18 May 2024 Evaluate
The sales for the March 2024 quarter moved up 45.34% to Rs. 286.72 millions as compared to Rs. 197.28 millions during the corresponding quarter last year.The Net Profit of the company vaulted to 228.99% to Rs. 45.96  millions from Rs. 13.97 millions in the previous quarter.Operating Profit saw a handsome growth to 63.92 millions from 31.56 millions in the quarter ended March 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 286.72 197.28 45.34 968.46 675.43 43.38 968.46 675.43 43.38
Other Income 2.26 4.20 -46.19 6.29 12.11 -48.06 6.29 12.11 -48.06
PBIDT 63.92 31.56 102.53 151.24 102.17 48.03 151.24 102.17 48.03
Interest 3.49 2.82 23.76 11.04 9.78 12.88 11.04 9.78 12.88
PBDT 60.43 28.74 110.26 140.20 92.39 51.75 140.20 92.39 51.75
Depreciation 9.62 11.55 -16.71 44.28 46.79 -5.36 44.28 46.79 -5.36
PBT 50.81 17.19 195.58 95.92 45.60 110.35 95.92 45.60 110.35
TAX 4.85 3.22 50.62 13.00 8.82 47.39 13.00 8.82 47.39
Deferred Tax -11.50 0.00 0.00 -11.50 0.00 0.00 -11.50 0.00 0.00
PAT 45.96 13.97 228.99 82.92 36.78 125.45 82.92 36.78 125.45
Equity 193.61 193.61 0.00 193.61 193.61 0.00 193.61 193.61 0.00
PBIDTM(%) 22.29 16.00 39.36 15.62 15.13 3.24 15.62 15.13 3.24
Peers
Company Name CMP
TCS 2087.50
Infosys 1016.15
HCL Technologies 1260.45
Wipro 164.60
Tech Mahindra 1564.00
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