IRIS Business Services reports Q1FY2026 growth and is an end-to-end digital RegTech SaaS platform that populates the reporting aspect of AI in addition to new reporting concepts with visibility of compliance.

IRIS Business Services Limited realized a 10 percent growth in topline in Q1 FY2026 with increased focus on RegTech and SupTech services. Because it sold its TaxTech business, the company is in the process of growing the size of its RegTech SaaS products worldwide.

The company has entered the investment stage, with CEO K. Balachandran citing that the company is investing in sales and marketing infrastructure, amongst other product improvements, to respond to the needs of enterprise customers. He stated further that “In our RegTech business we have large global opportunities, which we intend to seize”.

The IRIS Instant, a digital report creation tool powered by the AI technology called XBRL, was launched in Malaysia, which will make the process of creating a digital report easier and assist the regulators in the field to gravitate towards the digital standards with decreased difficulty. The RegTech business, encompassing the IRIS Carbon, realized a 10 percent growth in annual recurring revenue as a result of its new Disclosure Management product, which has now been implemented by more than 2 dozen global customers.

Deepta Rangarajan, one of the co-founders, concentrated on the concept of offering a large value to CFOs, both in mid- and enterprise-sized companies, and as such, the solution is actually paying off. Although Finance Controller Vineet Kandoi stated that there was a sluggish beginning to the quarter as some BFSI orders were postponed and likely to emerge in future periods, the company anticipates that the orders have worked into RegTech ARR.

As the investments and product development continue, IRIS will continue to grow worldwide in the RegTech market, providing novel compliance and reporting solutions to the enterprises.