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The above consolidated financial results for the quarter and year ended March 31st, 2025 were reviewed and recommended by the Audit committee of the Board and approved by the Board of Directors at its meeting held on May 14th 2025. <BR> <BR> b. The consolidated financial results include financial results of five subsidiaries: <BR> Sr.No. Name of the Companies Relationship <BR> I IRIS Business Services Asia Pte. Ltd Subsidiary <BR> 2 IRIS Business Services LLC Wholly Owned Subsidiary <BR> 3 Atanou S.r.l. Wholly Owned Subsidiary <BR> 4 IRIS Logix Solutions Private Limited Subsidiary <BR> 5 IRIS Regtech Sdn. Bhd. Wholly Owned Subsidiary <BR> <BR> c.Effective from the second quarter of the current financial year, based on the management approach as defined in Ind AS 108 Operating Segments, the Chief Operating Decision Maker will evaluate the Groups performance on four business segments, namely SupTech, RegTech, TaxTech and DataTech. <BR> <BR> This update replaces our previous segments: Collect,Create, and Consume. Figures for the previous period have been restated to align with the new segment reporting structure. <BR> <BR> While the Collect segment is what is now proposed to be called Suptech, the Create segment has been divided into Regtech and Taxtech. The Consume segment is now the Datatech segment of the company. <BR> <BR> d. With respect to our investment in IRIS Business Services LLC incorporated in USA the Subsidiary as at March 31st, 2025 the total liabilities exceeded its total assets by Rs. 64.28 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 Parent company, the investment in the subsidiary is measured at cost. <BR> <BR> e. In the light of the future prospect of the subsidiary and committed continued support of Parent, financial results of the subsidiary mentioned in point d have been prepared on a going concern basis and the same is considered for preparation of consolidated financial results. <BR> <BR> f. Figures for the quarter ended March 31st, 2025 and March 31st, 2024 are the balancing figure between audited figures in respect of respective full financial years and published year to date figures up to the third quarter of the respective financial years which were subjected to limited review. <BR> <BR> g. Pursuant to the approval of the shareholders on June 21, 2024, the Company issued and allotted 5,43,478 equity shares and 5,43,477 convertible warrants on a preferential basis. These convertible warrants were issued at a price of Rs.184 per warrant, which includes a face value of Rs.10, and provides the right to convert the warrants into an equivalent number of equity shares. A Private Placement Offer Letter, dated June 24, 2024, was issued to the following investors Proposed Allottees Pratithi Growth Fund I a scheme of Pratithi Investment Fund and Tunga India Long Term Equity Fund. As per the terms of issuance, the Proposed Allottees were required to pay 25% of the issue price at the time of subscription, with the remaining 75% to be paid within nine months from the date of allotment. <BR> <BR> On January 27, 2025, the Company received formal requests from both Proposed Allottees for the conversion of their warrants into equity shares by paying the balance consideration. The Board of Directors, at its meeting held on January 31 , 2025, approved the allotment of 5,43,477 equity shares upon the conversion of warrants on a preferential basis. <BR> <BR> The Company received in-principle listing approvals from the National Stock Exchange of India Limited NSE on March 18, 2025, and from BSE Limited BSE on March 27, 2025. The equity shares were credited to the demat accounts of the allottees through the National Securities Depository Limited NSDL on April 3, 2025, and through the Central Depository Services Limited CDSL on April 7, 2025. Final listing and trading approvals for the said equity shares were received from NSE and BSE on April 22, 2025. <BR> <BR> h. On June 25, 2024, IRIS Regtech Sdn. Bhd, a wholly owned subsidiary of IRIS Business Services Limited was incorporated in Malaysia subsequent to approval from the Board of Directors of the Company, at their meeting held on May 30, 2024. <BR> <BR> i. Due to the sudden and untimely demise of Mr. S. Swaminathan, Promoter, Wholetime Director and CEO of the Company, the Board of Directors, at its meeting held on March 26, 2025, entrusted Mr. Krishnan Balachandran, Promoter, Whole time Director and CFO DIN 00080055, with the responsibility of overseeing the day to day operations and management of the Company on an interim basis. This arrangement shall remain in effect until a suitable successor is identified, appointed, and duly approved by the Board. <BR> <BR> j. Corresponding previous periods figures have been regrouped and reclassified wherever necessary. <BR> <BR> For and on behalf of Board of Directors <BR> <BR> K Balachandran <BR> Whole Time Director & CFO <BR> DIN 00080055 <BR> Date May 14th 2025 <BR> Place Navi Mumbai2024-04-012025-03-31AuditedConsolidated12596780002538800012850660000006208000007893000219950004488700001099558000185508000018550800054334000-13440005299000001325180000000132518000-40100013211700013026400022540001298590002258000205382000105515110006.556.43006.556.43Other Expenses122466000Other Expenses4488700001022280000675510003849000000909200090920001253700022989800002110860002955540003047070004226000035800071230000925195000986220001023817000125371500020538200055151100075689300041200007610130000656300065630006533100071894000344650002527000278210003034800015379700021861000015704900030304000148450004208080004927020001253715000SupTech166813000RegTech114844000TaxTech51891000DataTech3328000Others9538000Unallocated0SupTech614996000RegTech427804000TaxTech172787000DataTech9471000Others34620000Unallocated034641400012596780003464140001259678000SupTech35338000RegTech22971000TaxTech-11127000DataTech27000Others2705000Unallocated8333000SupTech108149000RegTech97062000TaxTech-23358000DataTech-2904000Others9641000Unallocated25408000582470002139980001983000745000065520002104000049712000185508000SupTech0RegTech0TaxTech0DataTech0Others0Unallocated0000SupTech0RegTech0TaxTech0DataTech0Others0Unallocated0000Assets and liabilities used in the Companys business are not identifiable to any of the reportable segment, as these are used interchangeably between segments. <BR> The management believes that it not practicable to provide segment disclosures relating to total assets and liabilities.78930000-845850000389110000111000-1005900003484000000219950000732100007905000051199000446000087230001370800000055820000012633300031184100000034049000027779200000000000000000000000022000715190000000087230000-205709000-2684830000020418700000000019881000258400007032000001746900001839990000183999000120708000304707000Remeasurements of the net defined benefit (liability) / asset-1261000-1261000Remeasurements of the net defined benefit (liability) / asset-191000-19100000Fair Value Changes on Derivatives Designated as cash flow hedge-690000Exchange differences on translation of financial results of foreign operations124000-566000Fair Value Changes on Derivatives Designated as cash flow hedge-656000Exchange differences on translation of financial results of foreign operations446000-21000000-1827000-401000AuditedtrueKKC & ASSOCIATES LLPtrue2027-07-31