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Continued losses at IRIS Business Services in FY2018


IRIS Business Services registered standalone loss of Rs.5.42 Crore in FY2018-19.

Company : Jet Infraventure Ltd

IRIS Business Services Ltd made standalone turnover of Rs.39.89 Crore in FY2018-19 against Rs.34.90 Crore last year.


The consolidated turnover increased by Rs.4.94 Crore in FY2018-19 against Rs.34.95 Crore revenue previous year.


The standalone business facts of IRIS Business Services Ltd are stated below:

- Loss before tax of Rs.4.67 Crore in FY2018-19 whereas in previous year it was loss of Rs.5.32 Crore.
- Net loss stood at Rs.4.89 Crore in FY2017-18.


Following are the consolidated financial data of IRIS Business Services Ltd:

- Loss before tax of Rs.5.35 Crore in FY2018-19 whereas in last year it was loss of Rs.5.58 Crore.
- Net loss stood at Rs.6.10 Crore in FY2018-19 against net loss of Rs.5.16 Crore in the previous year.


IRIS Business Services Ltd is one of the first providers of full professional XBRL products and solutions to organizations globally. The company is headquartered in Mumbai, India with international offices in United States, Singapore, United Kingdom and the UAE.


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