IRIS Business Services (BOM:540735) Pretax Margin % : 17.53% (As of Mar. 2024)

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What is IRIS Business Services Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. IRIS Business Services's Pre-Tax Income for the three months ended in Mar. 2024 was ₹53 Mil. IRIS Business Services's Revenue for the three months ended in Mar. 2024 was ₹304 Mil. Therefore, IRIS Business Services's pretax margin for the quarter that ended in Mar. 2024 was 17.53%.

The historical rank and industry rank for IRIS Business Services's Pretax Margin % or its related term are showing as below:

BOM:540735' s Pretax Margin % Range Over the Past 10 Years
Min: -44.38 Med: 1.86 Max: 9.98
Current: 9.98

BOM:540735's Pretax Margin % is ranked better than
71.85% of 2760 companies
in the Software industry
Industry Median: 2.495 vs BOM:540735: 9.98

IRIS Business Services Pretax Margin % Historical Data

The historical data trend for IRIS Business Services's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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IRIS Business Services Pretax Margin % Chart

IRIS Business Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Pretax Margin %

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1.07

6.32

2.65

7.07

9.98

IRIS Business Services Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial															9.43	5.63	6.89	7.60	17.53

Competitive Comparison of IRIS Business Services's Pretax Margin %

For the Software - Application subindustry, IRIS Business Services's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

IRIS Business Services's Pretax Margin % Distribution in the Software Industry

For the Software industry and Technology sector, IRIS Business Services's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where IRIS Business Services's Pretax Margin % falls into.

IRIS Business Services Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

IRIS Business Services's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2024 )	/	Revenue (A: Mar. 2024 )
	=	102.119	/	1022.966
	=	9.98 %

IRIS Business Services's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	53.2	/	303.534
	=	17.53 %

IRIS Business Services (BOM:540735) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

IRIS Business Services Pretax Margin % Related Terms

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IRIS Business Services (BOM:540735) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IRIS Business Services Ltd (BOM:540735) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

IRIS:India

Address

T-231, International Infortech Park, Tower 2, 3rd Floor, Vashi, Navi Mumbai, MH, IND, 400703

Website

https://www.irisbusiness.com

IRIS Business Services Ltd is a provider of software products for compliance, data, and analytics. It offers products such as IRIS CARBON, a cloud-based filing platform that helps companies and mutual funds to meet their enterprise reporting needs, IRIS FinX, an integrated consolidation application, which enables end-to-end financial reporting by extracting data from various source; IRIS Data Consumption Platform, a structured data repository to access financial and non-financial data of public and private companies and IRIS iDEAL, a regulation reporting application for banks and financial institutions. The group's segments are Collect, Create and Consume. Its geographic segments are Middle Eastern Countries, America (including Canada and South American countries), Europe, India, Others.

IRIS Business Services (BOM:540735) Headlines

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