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IRIS RegTech Solutions reports a loss of (42.76) due to discontinued operations
07-Aug-2026, 06:39
IRIS RegTech Solutions Limited, formerly IRIS Business Services Limited, reported a profit/loss before tax of (42.76) for the quarter ended June 30, 2026, significantly impacted by discontinued operations and a 12,631.19 exceptional item. Total comprehensive income/loss was (6.69), resulting in a basic earnings per share of (0.21) for continuing operations. The company’s revenue decreased to 3,085.79 lakhs from 3,790.97 lakhs in the prior quarter, with the RegTech segment experiencing a notable loss. To strengthen its SupTech and Bank-RegTech divisions, IRIS has appointed Shailesh Gupta as Business Head, effective August 20, 2026. Further investigation is warranted regarding the discontinued operations and the factors contributing to the RegTech segment’s performance.