Q2 results approved; Shweta Jha designated Senior Management Personnel
Board of IRIS RegTech Solutions met on November 5, 2026 and approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, along with the auditors' limited review report.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 3,874.11 | 2,856.35 | +35.6% | 3,275.36 | +18.3% |
| Total income | 4,092.68 | 3,109.99 | +31.6% | 3,523.99 | +16.1% |
| Profit before tax | 177.25 | 209.63 | −15.4% | (95.36) | — |
| Profit after tax | 109.37 | 11,685.04 | −99.1% | (97.12) | — |
| Total comprehensive income | 145.47 | 11,637.23 | −98.7% | (62.77) | — |
| Basic EPS | 0.53 | 56.86 | −99.1% | (0.47) | — |
- Profit after tax YoY decline
- 11,685.04 (−99.1%)
- Period
- Quarter ended September 30, 2026 (Unaudited)
Also decided at the meeting
- Designated Ms. Shweta Jha, Vice President Human Resource, as Senior Management Personnel w.e.f. November 6, 2026, on NRC recommendation.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Quarter ended September 30, 2025 includes discontinued operations (sale of GST ASP business) with exceptional items of 13,598.67 lakhs; profit from discontinued operations 11,501.16 lakhs.
Two decisions came out of the board meeting held on Thursday, November 5, 2026, which ran from 14:00 IST to 16:30 IST.
Results taken on record
- The Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
- The statutory auditors, KKC & Associates LLP, issued a limited review report on the statement; a review is narrower than a full audit.
Financial numbers (consolidated, figures in Rs. lakhs)
- Revenue from operations: 3,874.11 for the quarter, against 3,275.36 in the June 2026 quarter and 2,856.35 in the September 2025 quarter.
- Total income: 4,092.68 for the quarter and 7,616.67 for the half year.
- Profit before tax: 177.25 for the quarter, compared with a loss of (95.36) in the June 2026 quarter.
- Net Profit for the period: 109.37 for the quarter and 12.25 for the half year; the June 2026 quarter had a loss of (97.12).
- Earnings per share (basic, continuing and discontinued operations): 0.53 for the quarter and 0.53 for the half year.
Why the year-ago numbers look so different
- The year-ago quarter and half year included discontinued operations, with profit of 11,501.16 and 11,486.81 respectively, and exceptional items of 13,598.67 in each period.
- The cash flow statement shows sale proceeds from the "GST ASP" business of 12,874.23 in the half year ended September 30, 2025, which explains the large one-time profit in that period.
- That is why the year-ago 'Net Profit for the period' of 11,685.04 and 11,707.47 is not comparable with the current period's figures.
Segments (consolidated, quarter ended September 30, 2026, Rs. lakhs)
- SupTech: revenue 2,176.23, segment result 543.32
- RegTech: revenue 1,583.21, segment result 355.05
- DataTech: revenue 32.73, segment result (150.36)
- Others: revenue 81.94
Balance sheet and cash (consolidated, Rs. lakhs)
- Total assets 27,741.22 as at September 30, 2026, against 25,271.28 as at March 31, 2026.
- Total equity 20,215.43; cash and cash equivalents 1,407.23.
- Net cash outflow from operating activities for the half year: (605.64), against an inflow of 11,731.16 in the same half of the previous year.
What the auditor's report says
- Conclusion: based on the review, nothing has come to their attention that causes them to believe the statement has not disclosed the information required under Regulation 33 or that it contains any material misstatement.
- Other matters paragraph: the consolidated statement includes financial information of two subsidiaries that were not reviewed by their auditors. That information reflects total assets of Rs. 732.69 Lakhs, total revenue of Rs. 202.24 lakhs and Rs. 335.23 Lakhs, total net profit after tax of Rs. 6.15 Lakhs and Rs. 10.55 Lakhs, and comprehensive income of Rs. 14.54 Lakhs and Rs. 17.68 Lakhs for the quarter and the period from April 1, 2026 to September 30, 2026 respectively, plus cash outflow of Rs. 69.17 Lakhs for that period.
- The auditor states that the conclusion is not modified in respect of this matter.
Management change
- On the recommendation of the Nomination and Remuneration Committee, the Board approved designating Ms. Shweta Jha, Vice President Human Resources, as Senior Management Personnel with effect from November 6, 2026.
The consolidated results cover the parent plus five subsidiaries, including IRIS Business Services (Asia) Pte. Ltd., IRIS Business Services, LLC, Atanou S.R.L., IRIS Data Solutions Private Limited and IRIS Regtech Sdn. Bhd.
Also from IRIS RegTech Solutions
IRIS RegTech to host earnings call on Nov 6, 2026 at 4:30 PM IST for Q2FY27/H1FY27 results
28 Oct 2026
Board meeting on November 05, 2026 to approve un-audited results for the September quarter and half year
19 Oct 2026
More numbers
- Revenue from operations, consolidated, half year ended Sep 30, 20267,149.47 lakhs
- Net Profit for the period, consolidated, half year ended Sep 30, 202612.25 lakhs
- Total assets of two subsidiaries not reviewed by their auditorsRs. 732.69 Lakhs
- Total assets, consolidated, as at Sep 30, 202627,741.22 lakhs
- Total income, latest quarter4,092.68 (₹ in lakhs)
- Total income, year-ago quarter3,109.99 (₹ in lakhs)
- Total income, previous quarter3,523.99 (₹ in lakhs)
- Total comprehensive income, latest quarter145.47 (₹ in lakhs)
- Total comprehensive income, year-ago quarter11,637.23 (₹ in lakhs)
- Total comprehensive income, previous quarter(62.77) (₹ in lakhs)
- Profit after tax, latest quarter109.37 (₹ in lakhs)
- Profit after tax, year-ago quarter11,685.04 (₹ in lakhs)
- Profit after tax, previous quarter(97.12) (₹ in lakhs)
- Revenue from operations, latest quarter3,874.11 (₹ in lakhs)
- Revenue from operations, year-ago quarter2,856.35 (₹ in lakhs)
- Revenue from operations, previous quarter3,275.36 (₹ in lakhs)
- Profit before tax, latest quarter177.25 (₹ in lakhs)
- Profit before tax, year-ago quarter209.63 (₹ in lakhs)
- Profit before tax, previous quarter(95.36) (₹ in lakhs)
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