DRC Systems India Ltd's Q3FY25 Quarterly Results

Result Summary

• DRC Systems India Ltd reported a 5.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 25.7%.
• Its expenses for the quarter were up by 5.6% QoQ and 52.6% YoY.
• The net profit increased 8.6% QoQ and decreased 30.4% YoY.
• The earnings per share (EPS) of DRC Systems India Ltd stood at 0.3 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

DRC Systems India Ltd is a technology company predominantly involved in providing software solutions and IT services. As of the latest data available, the company operates within the broader technology sector, offering a range of products and services aimed at enhancing businesses' digital capabilities. DRC Systems India Ltd is known for its innovative approach in software development, catering to various industry needs. This includes custom software development, IT consulting, and other related services. While specific recent major developments are not readily available from the current data, DRC Systems India Ltd maintains a strong presence in the IT services sector, focusing on delivering quality and efficient solutions to its clients.

Revenue

In the third quarter of fiscal year 2025, DRC Systems India Ltd reported a total income of ₹17.11 crores, marking a quarter-over-quarter (QoQ) growth of 5.6% from the previous quarter's ₹16.20 crores. Year-over-year (YoY), the company saw a 25.7% increase from the ₹13.61 crores reported in the third quarter of fiscal year 2024. This growth trajectory highlights a steady increase in revenue generation over both the quarterly and annual periods. Such figures indicate that DRC Systems India Ltd has experienced a significant upward trend in its revenue, reflecting its ability to potentially expand its market reach and client base over the specified timeframe.

Profitability

For the third quarter of fiscal year 2025, DRC Systems India Ltd achieved a profit before tax (PBT) of ₹3.99 crores, showing a QoQ increase of 5.8% compared to ₹3.77 crores in the second quarter of fiscal year 2025. However, on a YoY basis, there was a decline of 20.5% from ₹5.02 crores in the third quarter of fiscal year 2024. Despite the QoQ improvement, the YoY decrease in PBT indicates varying profitability dynamics over the past year. The company reported a profit after tax (PAT) of ₹3.55 crores in Q3FY25, up by 8.6% from ₹3.27 crores in Q2FY25, but down by 30.4% compared to the ₹5.10 crores in Q3FY24. The earnings per share for Q3FY25 were ₹0.30, a 50.0% increase from ₹0.20 in Q2FY25, yet a significant decline from ₹1.10 in Q3FY24, reflecting a substantial year-over-year drop.

Operating Metrics

The total expenses for DRC Systems India Ltd in Q3FY25 amounted to ₹13.12 crores, which represents a 5.6% QoQ increase from ₹12.43 crores in Q2FY25, and a notable 52.6% YoY rise from ₹8.60 crores in Q3FY24. The tax expense for Q3FY25 was ₹0.53 crores, a slight 3.9% increase QoQ from ₹0.51 crores in Q2FY25, and a substantial change from a negative tax expense of -₹0.07 crores in Q3FY24. The financial data suggests a trend in increasing operational costs alongside tax obligations, reflecting changes in the company's expense management and fiscal policies over the compared periods.