Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An announcement from IRIS Business Services Ltd. ( (IN:IRIS) ) is now available.
IRIS Business Services Ltd. reported an 18% sequential growth in total revenue for Q2FY26, with a significant 86% increase in EBITDA. The company has strengthened its balance sheet through the sale of its TaxTech business, enabling further investments in product innovation and sales expansion. The SupTech business saw a 13% YoY growth, and the company secured a contract with Qatar’s General Tax Authority, marking a milestone in its global expansion. IRIS is focusing on growing the Annual Recurring Revenue of its flagship product, IRIS Carbon, and expanding its partnerships in the RegTech space.
More about IRIS Business Services Ltd.
IRIS Business Services Limited is a global RegTech company listed on the BSE and NSE, specializing in regulatory reporting and digital disclosure solutions. Their SupTech suite is utilized by over 30 regulators worldwide, including central banks and stock exchanges, to streamline supervisory operations. The company also provides regulatory reporting software solutions to enterprises and financial institutions globally.
Average Trading Volume: 4,335
Technical Sentiment Signal: Strong Buy
Current Market Cap: 7.64B INR
For a thorough assessment of IRIS stock, go to TipRanks’ Stock Analysis page.