Iris Clothings has marked a successful quarter in Q3FY25, demonstrating robust growth, although the margins remained under check on account of higher input cost. Our strategic focus has been on deepening our relationships with our distributors rather than merely expanding our network in breadth. This approach has led to the addition of four substantial distributors during the quarter, enhancing our presence to a total of 177 distributors across India, Commenting on the company’s performance Santosh Ladha, Managing Director of IRIS Clothing said.
He further said, in our product portfolio, we have placed a significant emphasis on the infant wear segment, introducing new categories such as infant sets, cord sets, nightwear and new prints in the Disney collection. These additions have been carefully curated to meet the evolving needs of our customers and have been well-received in the market. While we have strategically chosen not to launch new Exclusive Brand Outlets (EBOs) in the Direct-to-Consumer (D2C) segment during the typically slower Q3FY25, we are poised to open five new stores by the end of FY25. This decision aligns with our understanding of market dynamics and our commitment to strategic growth.
Iris Clothings has marked a successful quarter in Q3FY25, demonstrating robust growth, although the margins remained under check on account of higher input cost. Our strategic focus has been on deepening our relationships with our distributors rather than merely expanding our network in breadth. This approach has led to the addition of four substantial distributors during the quarter, enhancing our presence to a total of 177 distributors across India, Commenting on the company’s performance Santosh Ladha, Managing Director of IRIS Clothing said.
