Board Meeting Details

The meeting commenced at 13:00 IST and concluded at 16:00 IST.

Key Matters Approved

1. Un-Audited Financial Results for Q1 FY27: The Board approved the Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report, in accordance with Regulation 33 of the SEBI LODR. The results were enclosed as Annexure I.

2. Appointment of Senior Management Personnel: The Board approved the appointment of Mr. Shailesh Gupta as Business Head – SupTech & Bank-RegTech and designated him as a Senior Management Personnel (SMP) of the Company, effective August 20, 2026. The details required under Regulation 30 were enclosed as Annexure II.

Detailed Financial Performance (Consolidated)

For the Quarter Ended June 30, 2026 (₹ in lakhs):

  • Revenue from Operations: 3,275.36
  • Other Income: 248.63
  • Total Income: 3,523.99
  • Total Expenses: 3,619.35
  • Employee benefits expense: 2,051.96
  • Finance costs: 34.04
  • Depreciation and amortization expense: 143.66
  • Other expenses: 1,389.69
  • Profit/(Loss) Before Tax and Exceptional Items: (95.36)
  • Tax Expense: 1.76 (Current Tax: 1.76, Deferred Tax: -)
  • Net Profit/(Loss) for the period (Continued Operations): (97.12)
  • Net Profit/(Loss) for the period (Discontinued Operations): -
  • Total Comprehensive Income/(Loss) for the period: (62.77)
  • Paid-up Equity Share Capital: 2,056.82 (Face value: ₹10 per share)
  • Earnings Per Share (₹) (Not annualized):
  • For Continuing Operations (Basic & Diluted): (0.47)
  • For Continuing and Discontinued Operations (Basic & Diluted): (0.47)

Comparative Figures (₹ in lakhs):

  • Q1 FY26 (June 30, 2025): Net Profit was ₹22.43 lakh (EPS: ₹0.11).
  • Q4 FY26 (March 31, 2026): Net Profit was ₹414.92 lakh (EPS: ₹2.02).

Consolidated Segment-wise Performance (Q1 FY27)

  • SupTech Revenue: ₹1,949.92 lakh; Segment Result: ₹627.09 lakh profit
  • RegTech Revenue: ₹1,153.47 lakh; Segment Result: ₹(138.74) lakh loss
  • DataTech Revenue: ₹49.85 lakh; Segment Result: ₹(122.04) lakh loss
  • Others Revenue: ₹122.12 lakh; Segment Result: ₹59.98 lakh profit

Auditor's Review Report (Consolidated)

Auditor: KKC & Associates LLP (Firm Reg. No.: 105146W/W100621)

Conclusion: Based on their review, nothing has come to their attention that causes them to believe the statement contains any material misstatement or has not disclosed information as required by Regulation 33.

Key Notes from Auditors:

  • The figures for the quarter ended March 31, 2026, are balancing figures between audited annual figures and previously published unaudited quarterly figures.
  • The financial results include two subsidiaries not reviewed by their auditors, representing revenue of ₹132.99 lakh and net profit of ₹4.40 lakh for the quarter. Management deemed this immaterial to the Group.

Detailed Financial Performance (Standalone)

For the Quarter Ended June 30, 2026 (₹ in lakhs):

  • Revenue from Operations: 3,085.79
  • Other Income: 278.64
  • Total Income: 3,364.43
  • Total Expenses: 3,407.19
  • Profit/(Loss) Before Tax: (42.76)
  • Tax Expense: -
  • Net Profit/(Loss) for the period: (42.76)
  • Total Comprehensive Income/(Loss) for the period: (6.69)
  • Earnings Per Share (₹) (Not annualized): (0.21) (Basic & Diluted)

Appointment of Mr. Shailesh Gupta

  • Name: Mr. Shailesh Gupta
  • Designation: Business Head – SupTech & Bank-RegTech, designated as Senior Management Personnel (SMP).
  • Date of Appointment: Effective August 20, 2026.
  • Brief Profile: A senior technology professional with over 25 years of experience in enterprise technology, RegTech, and SupTech. He was instrumental in developing key IRIS products (IRIS iFile, IRIS CARBON, IRIS iDeal) and is a co-founder of Fitterfly (exited). He holds a B.E. from VJTI, Mumbai, and an MBA from Symbiosis.
  • Relationship with Directors: Not related to any directors.

Compliance and Availability

The information was filed with BSE Limited and the National Stock Exchange of India Limited. It is also available on the websites of BSE (www.bseindia.com), NSE (www.nseindia.com), and the Company (www.irisregtech.com).