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DRC Systems India reports Profit after tax of Rs 16.18 Mln, in the December 2022 quarter

12 Jan 2023 Evaluate
The sales for the December 2022 quarter moved up 40.48% to Rs. 60.25 millions as compared to Rs. 42.89 millions during the corresponding quarter last year.Net Profit for the quarter ended December 2022 zoomed to 2086.49% from Rs. 0.74 millions to Rs. 16.18  millions.OP of the company witnessed a marginal growth to 25.42 millions from 5.84 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 60.25 42.89 40.48 158.12 148.56 6.44 195.01 205.95 -5.31
Other Income 1.19 0.12 891.67 2.31 1.60 44.37 3.31 1.23 169.11
PBIDT 25.42 5.84 335.27 57.82 18.08 219.80 26.01 16.52 57.45
Interest 0.92 0.30 206.67 6.09 0.40 1422.50 0.72 0.52 38.46
PBDT 24.50 5.54 342.24 51.73 17.68 192.59 25.29 16.00 58.06
Depreciation 2.66 2.34 13.68 7.80 10.48 -25.57 13.21 22.12 -40.28
PBT 21.84 3.20 582.50 43.93 7.20 510.14 12.08 -6.12 -297.39
TAX 5.66 2.46 130.08 12.37 3.71 233.42 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 16.18 0.74 2086.49 31.56 3.49 804.30 7.03 -4.79 -246.76
Equity 43.90 38.65 13.58 43.90 38.65 13.58 38.65 38.65 0.00
PBIDTM(%) 42.19 13.62 209.86 36.57 12.17 200.47 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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