Date: 27th October, 2026

Financial Performance Summary

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Total Income: ₹6,222 lakhs (up 40.3% from ₹4,434 lakhs in Q2 FY26)
  • EBITDA: ₹947 lakhs (up 34.4% from ₹705 lakhs in Q2 FY26)
  • PAT: ₹508 lakhs (up 23.3% from ₹411.8 lakhs in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Total Income: ₹10,951 lakhs (up 33.9% from ₹8,177 lakhs in H1 FY26)
  • EBITDA: ₹1,757 lakhs (up 42.3% from ₹1,234 lakhs in H1 FY26)
  • PAT: ₹909 lakhs (up 34.7% from ₹675 lakhs in H1 FY26)

Operational and Strategic Highlights

Manufacturing Expansion

  • Commenced operations at new in-house embroidery unit with machines imported from Japan
  • The new unit enables production of premium embroidered collections

Market Expansion Initiatives

  • Entered quick commerce segment, initially offering products in Bengaluru and Hyderabad
  • Partnered with Amazon to sell Doreme products, enhancing online visibility and reach
  • Showcased Doreme brand at Saudi Fashion & Tex Expo to build relationships across Middle East and Africa

Product Development

  • Launched 4-piece, 6-piece and 10-piece gift sets across multiple sales channels

Management Commentary

Mr. Santosh Ladha, Managing Director, commented on the company's performance:

  • Business demonstrated resilience with continued brand development and execution focus
  • Accelerating Doreme's growth through strategic digital expansion
  • Enhanced manufacturing capabilities and deeper market penetration
  • Partnerships with Amazon and Myntra strengthen brand's online visibility and consumer reach
  • Upcoming infant wear manufacturing facility will bolster production capacity
  • Participation in Saudi Fashion & Tex Expo aims to unlock new distribution opportunities in Middle East and Africa
  • These initiatives expected to reinforce market positioning and drive long-term value creation

Company Background

Iris Clothings Limited is a publicly listed company founded in 2004 and headquartered in Howrah, West Bengal. The company designs, manufactures, brands, and distributes children's apparel with seven in-house manufacturing facilities and two warehousing units. The company operates a fully integrated model and serves over 140 distributors with retail presence in 26 states across India. The company has been listed on NSE since 2018.