Iris Clothings Limited Announces Audited Financial Results for March 31, 2026
Iris Clothings Limited announced the final audited financial results for the quarter and year ended March 31, 2026, following the Board of Directors' meeting held on May 11, 2026. The company also released its balance sheet and cash flow statements for the corresponding period.The statutory auditors, AMK & Associates, issued an unmodified opinion on the financial results for the year ended March 31, 2026.
Financial Performance Highlights
The company's consolidated financial results for the quarter and year ended March 31, 2026, showed the following performance metrics (figures in Lakhs):| Particulars | Quarter Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-26 (Audited) |
|---|---|---|
| Revenue from Operations | 6,047.85 | 19,086.94 |
| Other income | 22.85 | 30.74 |
| Total Income | 6,070.70 | 19,117.68 |
| Cost of materials consumed | 1,816.89 | 6,132.79 |
| Purchases of Stock-in-Trade | 1,820.36 | 5,864.66 |
| Changes in inventories (net) | (204.31) | (626.85) |
| Employee benefit expense | 746.54 | 2,556.28 |
| Other expenses | 787.59 | 2,246.94 |
| Total Expenses | 5,183.88 | 16,906.67 |
| Profit Before Tax | 886.83 | 2,211.02 |
| Tax Expense | 243.49 | 591.78 |
| Total Comprehensive Income | 643.34 | 1,619.24 |
The company’s total comprehensive income for the year ending March 31, 2026, was 1,619.24 Lakhs. Earnings per share (Basic and Diluted) for the year were 0.85.
Balance Sheet Status as of March 31, 2026
The Statement of Assets and Liabilities provides a comparative view of the company's financial structure. The total assets as of March 31, 2026, stood at 20,372.29 Lakhs, compared to 15,676.56 Lakhs the previous year.| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| TOTAL ASSETS | 20,372.29 | 15,676.56 |
| Non-current Assets: | ||
| Property, Plant & Equipment | 2,133.73 | 1,620.16 |
| Right of Use Assets | 1,152.21 | 1,058.51 |
| Total Current Assets: | ||
| Inventories | 7,601.25 | 6,970.56 |
| Trade receivables | 7,229.32 | 5,297.05 |
| Cash & Cash equivalents | 17.75 | 7.60 |
| Other Current Assets | 1,002.00 | 346.08 |
| TOTAL EQUITY AND LIABILITIES | 20,372.29 | 15,676.56 |
| Equity Share capital | 3,806.63 | 1,631.41 |
| Other Equity | 10,369.30 | 6,596.99 |
| Lease Liabilities (Non-current) | 1,204.42 | 1,133.21 |
| Borrowings (Current) | 2,006.14 | 3,751.60 |
| Total outstanding dues of creditors | 2,255.58 | 2,032.27 |
| Other Current Liabilities | 295.64 | 226.22 |
Cash Flow from Operations
The cash flow statement for the year ended March 31, 2026, reflected a net cash generated from operating activities of (670.42) Lakhs, a reduction compared to the 253.48 Lakhs generated in the previous year.Key movements in cash flow for the year include:
- Net Profit before Tax and Extra-ordinary Items: Declined from 2,211.02 Lakhs in March 2025 to 1,781.55 Lakhs in March 2026.
- Operating Profit Before Working Capital Changes: Was 2,936.99 Lakhs in the current year versus 2,812.51 Lakhs in the previous year.
- Cash Generated from Operations: Was (136.43) Lakhs, contrasting with 702.06 Lakhs in the prior year.
- Financing Activities: The proceeds from the Rights Issue totalled 4,758.29 Lakhs, significantly contributing to the financing activities.
- Closing Cash and Cash Equivalents: Increased to 17.75 Lakhs, up from 7.60 Lakhs in the previous year.
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Disclaimer: The financial results are presented in Lakhs of Rupees.
IRISDOREME Stock Price Movement
Today, Iris Clothings Limited shares edged higher, gaining 4.47% to close today at ₹39. The stock saw brisk activity, settling on a total volume of 228,425 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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