IRIS RegTech Records Stellar Financial Growth in FY26
IRIS RegTech Solutions Limited, a leading RegTech firm, reported impressive financial results for FY26, with noticeable revenue and profit growth. The company enhanced its SupTech and RegTech solutions, expanded into new markets, and observed significant progress in AI initiatives. The coming years promise further growth and strategic expansions.
IRIS RegTech Solutions Limited, a prominent player in the regulatory technology sector, has announced robust financial performance for the fourth quarter and full year ending March 31, 2026. Their revenue saw a notable 7% quarter-on-quarter increase for Q4, culminating in a 36% year-on-year growth.
The company's EBITDA jumped by 24% over the previous year, while profits after tax nearly doubled, bolstered by a successful expansion of its business operations. The year's total revenue grew 23% year-on-year to ₹138.2 Cr, as IRIS focused on scaling its enterprise business.
Key factors for this growth include a significant rise in recurring revenue and strengthened cash positions, primarily from divesting its TaxTech business. Important strides in AI and market extensions, such as winning a project with a Qatar tax regulator, highlight IRIS's strategic direction and future potential.
ALSO READ
-
Infosys CEO Salil Parekh's Pay Rises Slightly to Rs 82.6 Crore in FY26
-
RBI's Forex Income Surges to Rs 1.69 Lakh Crore in FY26
-
Decline in Retail CBDC Circulation Observed for FY26 Despite RBI's Initiatives
-
Rs 500 Notes Surge by 11% in FY26 as Counterfeits Rise 20%
-
Emerald Finance Unveils Robust Financial Growth in Q4 and FY26 Results
Google News