27-Oct-2026 12:56:44
IRISDOREMEAcquisition and merger
IRISDOREME Q2 : STANDALONE NET PROFIT UP 23.3% AT ₹5.08 CR (YOY), UP 26.6% (QOQ); IN PROCESS TO ACQUIRE 51% OF INFINIA LIFESTYLE FOR ₹57.12 CR
• Revenue up 40.3% at ₹62.16 Cr (YoY), up 31.6% (QoQ). • Total income at ₹62.22 Cr; PBT up 21.9% at ₹6.65 Cr (YoY), up 23.6% (QoQ). • PBT margins 10.7% vs 12.3% (YoY), 11.4% (QoQ). • H1 FY27 revenue ₹109.40 Cr, net profit ₹9.09 Cr, EPS ₹0.48. • Company in process to acquire 51% of Infinia Lifestyle for ₹57.12 Cr via 77.08 lakh shares at ₹41.67 and ₹25 Cr cash. Impact: Q2 net profit rose 23.3% YoY; proposed 51% acquisition of Infinia Lifestyle is valued at ₹57.12 Cr.
Iris Clothings Limited
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