PRNewswire Navi Mumbai Maharashtra [India] May 20 Global Regtech IRIS Business Services Limited BSE 540735 clocked revenues of Rs 10296 crore for the year financial year ended March 31 2024 a growth of 37 from the year preceding Keeping pace with revenues the company turned in an EBITDA of Rs 1588 crore a 45 growth YOY Net profit more than doubled hitting a record high of Rs 879 crore The company operates through 3 business segments COLLECT the business division that delivers solutions to regulators and accounted for 45 of revenues in FY24 This is an enterprise software business CREATE which delivers regulatory filing solutions to enterprises including BFSI players This overwhelmingly SaaS business contributed to 51 of the total revenues in FY24 CONSUME the datatech business which accounts for the rest and whose importance comes from its support for the other two segments The Collect segment made it possible says company CEO S Swaminathan pointing to the whopping 70 increase in r
Mumbai (Maharashtra) [India], February 15 (ANI/PNN): Leading Fintech firm, IRIS Business Services Limited has reported an improved financial performance for the nine-month period ending in December 31, 2022 compared with the corresponding period for the previous year. While the topline grew at 22 per cent for the nine-month period, the Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) did even better, increasing by as much as 42 per cent. For the third quarter, the revenue growth was at 14 per cent over the corresponding period a year ago, with the EBITDA moving up by 13 per cent as well. Profit After Tax for the nine-month period stood at Rs 270 lakhs compared to Rs 18 lakhs in the corresponding period. "This quarter was significant from a business point of view as well", said Company Founder and Director, Deepta Rangarajan. "IRIS Carbon, our SaaS reporting platform, soft launched its Disclosure Management module in Europe and we are happy to note
“Human Is Not A Resource” (HINAR 2022) program organised by the Isha Leadership Academy culminates with focus on Execution of large-scale projects like global Save Soil Movement.
“Human Is Not A Resource” (HINAR 2022) program organised by the Isha Leadership Academy culminated with focus on Execution of large-scale projects like global Save Soil Movement