IRIS Business Services Shines with Stunning Profit Surge

IRIS Business Services Limited reports a nearly threefold increase in net profits for the first half of FY 2025. This growth is fueled by a 31% rise in operating revenues, particularly in the Suptech segment. The company, headquartered in Mumbai, is expanding its global presence and innovating in regulatory technology solutions.

Global fintech company IRIS Business Services Limited has reported impressive financial results for the first half of the 2025 fiscal year, with net profits nearly tripling. This substantial growth is attributed to a notable 31% increase in operating revenues, reaching Rs 58.50 crore compared to the previous year's Rs 44.60 crore. The company's EBITDA also saw a significant rise of 78%, bolstering confidence in its financial health.

Key to this success has been the strong performance of the Suptech segment, which experienced a 48% revenue surge. Meanwhile, revenues in the Regtech segment grew by 20%, spurred by demand for the company's IRIS iDeal software. As the company refines its business segment classifications, CEO Swaminathan is confident in the strategic direction and anticipates further growth opportunities fueled by investor support.

The global reach of IRIS is also evident in its revenue distribution, with Africa accounting for 36% of total revenues, largely driven by South Africa, while India follows closely at 29%. With a robust foundation for future growth in place, IRIS Business Services continues to establish itself as a leader in RegTech solutions.

(With inputs from agencies.)