IRIS2023-10-012023-12-31 IRIS2023-10-012023-12-31 IRIS2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member IRIS2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member IRIS2023-12-31 IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue03Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue04Member IRIS2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member IRIS2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member IRIS2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue03Member IRIS2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue04Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults03Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults04Member IRIS2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member IRIS2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member IRIS2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults03Member IRIS2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults04Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets03Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets04Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member IRIS2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member IRIS2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member IRIS2023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member IRIS2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member IRIS2023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member IRIS2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member IRIS2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540735 IRIS NOTLISTED Iris Business Services Limited Equity 2023-04-01 2024-03-31 2024-02-10 2024-02-02 INR Lakhs Third quarter 12:50:00 13:40:00 2024-02-10 2024-02-10 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Standalone 259529000.00 996000.00 260525000.00 0.00 0.00 0.00 125891000.00 2757000.00 11996000.00 100325000.00 240969000.00 19556000.00 0.00 19556000.00 3141000.00 0.00 3141000.00 0.00 16415000.00 0.00 0.00 0.00 0.00 16415000.00 -1053000.00 15362000.00 0.00 0.00 193612000.00 10 0.85 0.84 0.00 0.00 0.85 0.84 Notes: a. The above unaudited standalone financial results for the quarter and period ended December 31st, 2023 were reviewed, and recommended by the Audit committee of the Board and approved by the Board of Directors at its meeting held on February 10th, 2024. b. Based on the management approach as defined in Ind-AS 108 - Operating Segments, the Chief Operating Decision Maker evaluates the Group's performance on three business segments namely ‘Collect’, ‘Create’ and ‘Consume’. c. With respect to our investment in IRIS Business Services LLC incorporated in USA (the Subsidiary ) as at December 31, 2023 the total liabilities exceeded its total assets by Rs. 89.50 lakhs. The parent company is committed to provide necessary financial support as and when necessary. Considering the future prospect of the subsidiary and continued support of company, the investment in the subsidiary is measured at cost. d. Segregation of key items of other expenses: (Rs. in lakhs) Quarter ended Period ended Year ended Particulars 31-Dec-23 30-Sep-23 31-Dec-22 31-Dec-23 31-Dec-22 31-Mar-23 Legal, Professional 95.74 105.70 93.58 311.31 250.32 374.32 and Consultancy fees Travelling and 102.33 84.13 52.79 261.95 145.33 213.04 Conveyence Partner fees 509.15 259.84 52.90 849.45 258.83 441.06 Software license 121.42 112.54 101.36 331.09 273.38 374.30 and Hardware fess e. Corresponding previous period’s figures have been regrouped and reclassified wherever necessary. Multi segment 2023-04-01 2023-12-31 Unaudited Standalone 681745000.00 4026000.00 685771000.00 0.00 0.00 0.00 361032000.00 7549000.00 34664000.00 237419000.00 640664000.00 45107000.00 0.00 45107000.00 8148000.00 0.00 8148000.00 0.00 36959000.00 0.00 0.00 0.00 0.00 36959000.00 1906000.00 38865000.00 0.00 0.00 193612000.00 10 1.91 1.90 0.00 0.00 1.91 1.90 Other Expenses 100325000.00 Other Expenses 237419000.00 Collect 121459000.00 Consume 11625000.00 Create 126445000.00 Unallocated 0.00 Collect 309192000.00 Consume 30123000.00 Create 342430000.00 Unallocated 0.00 259529000.00 681745000.00 0.00 0.00 259529000.00 681745000.00 Collect 9426000.00 Consume 6557000.00 Create 17331000.00 Unallocated 996000.00 Collect 33961000.00 Consume 9537000.00 Create 39796000.00 Unallocated 4026000.00 34310000.00 87320000.00 2757000.00 7549000.00 11997000.00 Note: Assets and liabilities used in the Company's business are not identifiable to any of the reportable segment, as these are used interchangeably between segments. The management believes that it not practicable to provide segment disclosures relating to total assets and liabilities. 34664000.00 19556000.00 45107000.00 Collect 0.00 Consume 0.00 Create 0.00 Unallocated 0.00 0.00 Collect 0.00 Consume 0.00 Create 0.00 Unallocated 0.00 0.00 0.00 74000.00 Fair Value Changes on Derivatives Designated as cash flow hedge -1053000.00 Fair Value Changes on Derivatives Designated as cash flow hedge 1980000.00 -1053000.00 1980000.00 0.00 0.00