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DRC Systems India reports Profit after tax of Rs 3.56 Mln, in the March 2022 quarter

18 Apr 2022 Evaluate
A decrease in the sales to Rs. 46.45 millions was observed for the quarter ended March 2022. The sales stood at Rs. 63.59 millions during the similar quarter previous year.Net Profit of the company move down -42.30% to Rs. 3.56  millions from Rs. 6.17 millions  in the same quarter last year.The Operating Profit of the company witnessed a decrease to 7.96 millions from 13.11 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 46.45 63.59 -26.95 195.01 205.95 -5.31 195.01 205.95 -5.31
Other Income 1.71 0.16 968.75 3.31 1.23 169.11 3.31 1.23 169.11
PBIDT 7.96 13.11 -39.28 26.01 16.52 57.45 26.01 16.52 57.45
Interest 0.33 0.27 22.22 0.72 0.52 38.46 0.72 0.52 38.46
PBDT 7.63 12.84 -40.58 25.29 16.00 58.06 25.29 16.00 58.06
Depreciation 2.74 4.25 -35.53 13.21 22.12 -40.28 13.21 22.12 -40.28
PBT 4.89 8.59 -43.07 12.08 -6.12 -297.39 12.08 -6.12 -297.39
TAX 1.33 2.42 -45.04 5.05 -1.33 -479.70 5.05 -1.33 -479.70
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 3.56 6.17 -42.30 7.03 -4.79 -246.76 7.03 -4.79 -246.76
Equity 38.65 38.65 0.00 38.65 38.65 0.00 38.65 38.65 0.00
PBIDTM(%) 17.14 20.62 -16.88 13.34 8.02 66.28 13.34 8.02 66.28
Peers
Company Name CMP
TCS 2130.10
Infosys 1040.00
HCL Technologies 1280.30
Wipro 164.95
Tech Mahindra 1558.00
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