IRIS Business Services Limited announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2025, following a board meeting conducted on February 14, 2026. The company demonstrated strong operational performance across its business segments while implementing strategic organizational changes.

Financial Performance Overview

The company's consolidated financial results showed robust growth in its continuing operations. For Q3FY26, IRIS RegTech Solutions reported revenue from operations of ₹3,558.83 lakhs compared to ₹2,885.28 lakhs in Q3FY24, representing significant year-over-year growth.

Segment-wise Performance

The company's three primary business segments showed varied performance during the quarter. SupTech emerged as the largest revenue contributor, generating ₹2,109.74 lakhs in Q3FY26 compared to ₹1,579.82 lakhs in the previous year. RegTech segment contributed ₹1,305.65 lakhs, while the DataTech division recorded ₹44.33 lakhs in revenue.

Strategic Corporate Decisions

The board approved several significant strategic initiatives during the meeting. A key decision involved the incorporation of a wholly owned subsidiary named IRIS Data Solutions Private Limited to house and scale the company's DataTech business. The subsidiary will be incorporated with an initial paid-up share capital of ₹1,00,000, comprising 10,000 equity shares of ₹10.00 each at par value.

Leadership Changes and Appointments

The company implemented significant changes in its leadership structure. Mr. Bhaswar Mukherjee (DIN: 1654539), an Independent Director, was appointed as Chairman of the Board with effect from February 14, 2026. Mr. Mukherjee brings 34 years of experience from Hindustan Petroleum Corporation Limited, where he served as Director (Finance) and CFO.

Additionally, the board approved the appointment of Mr. Dixit Jasani as Chief Revenue Officer for the Enterprise Division, effective February 18, 2026. Mr. Jasani, designated as Senior Managerial Personnel, brings over 25 years of experience in enterprise technology and sales from organizations including HighRadius Technologies and Zycus Inc.

Operational Highlights

The company's employee benefits expense increased to ₹1,791.90 lakhs in Q3FY26 from ₹1,385.12 lakhs in Q3FY24, reflecting business expansion and workforce growth. Total expenses for the quarter reached ₹3,126.09 lakhs compared to ₹2,416.86 lakhs in the corresponding previous period.

The nine-month period results included exceptional gains of ₹13,598.67 lakhs from the strategic divestment of the Tax Technology GST Application Service Provider business and the sale of 100% equity interest in IRIS Logix Solutions Private Limited to Sovos Compliance Limited, UK. These divestments were part of strategic initiatives to simplify operations and focus on core business lines.

Governance and Compliance Updates

The board approved amendments to the Code of Conduct for Fair Disclosure of Unpublished Price Sensitive Information, aligning with recent amendments to SEBI regulations. The Audit Committee was also reconstituted with Mr. Madhavan Hariharan as Chairman, along with members Mr. Bhaswar Mukherjee, Mr. Ashok Venkatramani, and Mr. Balachandran Krishnan.

The company continues to maintain its focus on regulatory compliance and corporate governance standards while pursuing growth opportunities across its technology-driven business segments.

IRIS RegTech Solutions Limited has announced securing a contract from NEC Corporation India Private Limited for developing a Digital Regulatory Reporting (DRR) solution for the International Financial Services Centres Authority (IFSCA). The company made this disclosure on January 29, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Contract Overview

The awarded contract involves the design, development and maintenance of a comprehensive DRR solution that will serve as a supervisory technology (SupTech) core system. This engagement represents a significant technological undertaking in the regulatory compliance space, specifically tailored for IFSCA's operational requirements.

Project Specifications

The contract encompasses the creation of a Digital Regulatory Reporting solution designed to enhance regulatory oversight capabilities. The project involves developing a supervisory technology core system that will facilitate streamlined regulatory reporting processes for financial institutions operating within the IFSCA framework.

Key aspects of the engagement include:

• Complete system design and architecture development
• Comprehensive solution development and implementation
• Ongoing maintenance and support services
• Integration with IFSCA's regulatory framework

Regulatory Compliance and Disclosure

IRIS RegTech Solutions confirmed that this project falls within the ordinary course of business for the company. The contract does not involve any related party transactions, and the promoter group has no interest in NEC Corporation India Private Limited.

The company has made this disclosure available on its website at www.irisregtech.com , ensuring transparency and compliance with regulatory requirements. This contract award strengthens IRIS RegTech's position in the regulatory technology sector and demonstrates its capability to handle complex, long-term technology projects for regulatory authorities.