Are IRIS Business latest results good or bad?

IRIS Business Services has released its financial results for the quarter ending March 2025, revealing a mixed operational performance. The company reported a Profit After Tax (PAT) of Rs 10.21 crore for the nine-month period, which reflects a year-on-year growth of 31.40%. This indicates a positive trend in profitability over the longer term. Additionally, the quarterly net sales reached Rs 34.64 crore, marking the highest figure in the last five quarters and suggesting a favorable near-term sales trajectory.
However, the results also highlight significant challenges. The Earnings per Share (EPS) for the quarter fell to Rs 1.37, representing the lowest level in the last five quarters, which indicates a decline in profitability per share. Furthermore, the year-on-year growth in net sales for the quarter was 14.14%, a decrease from the previous year's growth of 47.62%. Similarly, the consolidated net profit saw a decline of 40.13% compared to a substantial increase of 198.10% in the prior year.

In light of these results, IRIS Business Services experienced an adjustment in its evaluation over the past three months. The operational trends reflect both positive developments in sales and profitability alongside challenges in earnings performance.