IRIS slips into an operating loss as expenses exceed revenue
Other income of Rs 2.49 cr partly cushioned the loss, but consolidated net profit remained negative at Rs 0.97 cr.
Filed 07 Aug 2026, 16:54 IST · after market close · IRIS (IRIS)
Key takeaways
- Expenses of Rs 34.42 cr exceeded revenue of Rs 32.75 cr, leaving an operating loss of Rs 1.66 cr and a -5.08% margin.
- IRIS reported a consolidated net loss of Rs 0.97 cr, with EPS at -Rs 0.47.
- Other income of Rs 2.49 cr partly offset operating, interest and depreciation charges, but profit before tax remained negative at Rs 0.95 cr.
Operating loss defines Q1FY27
Expenses of Rs 34.42 cr were higher than revenue of Rs 32.75 cr, resulting in an operating loss of Rs 1.66 cr and a -5.08% operating margin. The loss carried through to net profit, which stood at Rs 0.97 cr in the red after interest of Rs 0.34 cr and depreciation of Rs 1.44 cr.
Other income softened, but did not reverse, the loss
Other income of Rs 2.49 cr partly offset the operating loss and below-operating charges, yet profit before tax remained negative at Rs 0.95 cr. The Rs 0.02 cr tax charge and reported tax rate of -1.85% did not change the loss outcome.
Results were filed after market close
IRIS filed its consolidated Q1FY27 results after market close on 7 Aug 2026. No same-session stock reaction is assessed.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹33 cr |
| Other income | ₹2 cr |
| Expenses | ₹34 cr |
| Operating profit | ₹-2 cr |
| Operating margin (%) | -5.08% |
| Interest | ₹0 cr |
| Depreciation | ₹1 cr |
| Profit before tax | ₹-1 cr |
| Tax | ₹0 cr |
| Net profit | ₹-1 cr |
| EPS (₹) | ₹-0.47 |
What to watch
- Whether operating margin recovers from -5.08%.
- Whether revenue moves above Rs 32.75 cr while expenses remain below Rs 34.42 cr.
- Whether net profit improves from a loss of Rs 0.97 cr and EPS from -Rs 0.47.