Global Regtech News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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

South africaUnited statesSouth africanDeepta rangarajanBusiness services limitedAfrican reserve bankNational stock exchange of india limited symbolBusiness servicesNavi mumbaiGlobal regtechServices limitedSouth african reserve bankNorth americaNational stock exchangeIndia limited