Iris Business Serv. - Quaterly Results
Date: 08-08-2024
The sales moved up 33.14% to Rs. 259.52 millions for the June 2024 quarter as compared to Rs. 194.92 millions during the year-ago period.The Net Profit of the company reported a remarkable increase of 215.52% to Rs. 26.63 millions from Rs. 8.44 millions in previous same quarter.Operating profit for the quarter ended June 2024 rose to 39.77 millions as compared to 24.27 millions of corresponding quarter ended June 2023.
| | Quarter ended | Year to Date | Year ended |
| | 202406 | 202306 | % Var | 202406 | 202306 | % Var | 202403 | 202303 | % Var |
| Sales | 259.52 | 194.92 | 33.14 | 259.52 | 194.92 | 33.14 | 968.46 | 675.43 | 43.38 |
| Other Income | 5.09 | 1.00 | 409.00 | 5.09 | 1.00 | 409.00 | 6.29 | 12.11 | -48.06 |
| PBIDT | 39.77 | 24.27 | 63.86 | 39.77 | 24.27 | 63.86 | 151.24 | 102.17 | 48.03 |
| Interest | 1.74 | 2.33 | -25.32 | 1.74 | 2.33 | -25.32 | 11.04 | 9.78 | 12.88 |
| PBDT | 38.03 | 21.94 | 73.34 | 38.03 | 21.94 | 73.34 | 140.20 | 92.39 | 51.75 |
| Depreciation | 4.50 | 11.18 | -59.75 | 4.50 | 11.18 | -59.75 | 44.28 | 46.79 | -5.36 |
| PBT | 33.53 | 10.76 | 211.62 | 33.53 | 10.76 | 211.62 | 95.92 | 45.60 | 110.35 |
| TAX | 6.90 | 2.32 | 197.41 | 6.90 | 2.32 | 197.41 | 13.00 | 8.82 | 47.39 |
| Deferred Tax | -2.50 | 0.00 | 0.00 | -2.50 | 0.00 | 0.00 | -11.50 | 0.00 | 0.00 |
| PAT | 26.63 | 8.44 | 215.52 | 26.63 | 8.44 | 215.52 | 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(%) | 15.32 | 12.45 | 23.08 | 15.32 | 12.45 | 23.07 | 15.62 | 15.13 | 3.24 |