IRIS Business Services Ltd Q1 FY2022-23 consolidated PAT slips QoQ to Rs. 65.65 lakhs

IRIS Business Services Ltd has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 16.7523 crores during the period ended June 30, 2022 as compared to Rs. 17.9962 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 0.6565 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 0.8240 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.36 for the period ended June 30, 2022 as compared to Rs. 0.43 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 16.7523 crs	₹17.9962 crs	-6.91%
Net Profit	₹0.6565 crs	₹0.8240 crs	-20.33%
EPS	₹0.36	₹0.43	-16.28%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 16.7523 crores during the period ended June 30, 2022 as compared to Rs.12.2810 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.0.6565 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.-1.0098 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.36 for the period ended June 30, 2022 as compared to Rs.-0.53 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 16.7523 crs	₹12.2810 crs	36.41%
Net Profit	₹0.6565 crs	₹-1.0098 crs	165.01%
EPS	₹0.36	₹-0.53	167.92%

Shares of IRIS Business Services Ltd was last trading in BSE at Rs. 89.05 as compared to the previous close of Rs. 95.65. The total number of shares traded during the day was 11521 in over 135 trades.

The stock hit an intraday high of Rs. 95.60 and intraday low of 89.00. The net turnover during the day was Rs. 1053145.00.

Source : Equity Bulls

Keywords

IRISBusinessServices Q1FY23 ResultUpdate