{"id":18116,"date":"2026-04-22T18:18:45","date_gmt":"2026-04-22T12:48:45","guid":{"rendered":"https:\/\/opso.dev.drcsystems.ooo\/wordpress-projects\/drc2025\/press-release\/drc-systems-reports-strong-q1-fy-2022-23-financial-results\/"},"modified":"2026-04-27T18:56:37","modified_gmt":"2026-04-27T13:26:37","slug":"drc-systems-reports-strong-q1-fy-2022-23-financial-results","status":"publish","type":"press-release","link":"https:\/\/opso.dev.drcsystems.ooo\/wordpress-projects\/drc2025\/press-release\/drc-systems-reports-strong-q1-fy-2022-23-financial-results\/","title":{"rendered":"DRC Systems Reports Strong Q1 FY 2022-23 Financial Results"},"content":{"rendered":"<h4 class=\"text-center text-normal\">DRC Systems India Limited Announces Unaudited Financial Results for the First Quarter (Q1) of Fiscal Year 2022\u201323<\/h4>\n<h4 class=\"text-center text-normal\">Profit before tax up 486% YoY to INR 102 Lacs.<br \/>Profit after tax up 440% YoY to INR 70 Lacs.<br \/>EBITDA up 165%, Y o Y to INR 154 Lacs.<\/h4>\n<hr>\n<p><strong>Gandhinagar, India, 21st July, 2022<\/strong> Information Technology and Software Consultancy Services provider, DRC Systems India Limited <strong>&#8220;DRC Systems&#8221;<\/strong> &#8220;the Company&#8221;, today announced its standalone unaudited financial results for the First Quarter (Q1), ended June 30, 2022, for Fiscal Year 2022\u201323.<\/p>\n<p><strong>Managing Director Mr. Hiten Barchha<\/strong> said, Our performance for the first quarter is reflective of positive growth and emerging opportunities. Being a customer-centric technology company, we are well poised to take advantage of the positive emerging opportunities in the IT services and Consultancy space in India &#038; globally, where we have strategized to provide viable solutions with a mix of innovation &#038; creativity. Demand for creative and innovative tech solutions is high as global businesses move towards high-density digitalisation as the economies turn towards building digital infrastructure. Hence, we expect to see more exciting years soon.<\/p>\n<h6>Performance Review for Q1 FY22 23:<\/h6>\n<ul>\n<li>Operating Revenue stood at Rs. 447.2 lakhs down 14.3% YoY, down 3.7% QoQ.\n<li>EBITDA for the quarter was Rs. 154.3 Lakhs up 165.3% YoY, up 93.8% QoQ.\n<li>Profit After Tax (PAT) is at Rs. 70.0 lakhs up 440% YoY, up 96.7% QoQ.<\/ul>\n<p class=text-right>Figures in INR Lakhs<\/p>\n<div class=table-responsive>\n<table class=table>\n<thead>\n<tr>\n<th class=text-center>Particulars<\/p>\n<th class=text-center>Q1 FY23<\/p>\n<th class=text-center>Q1 FY22<\/p>\n<th class=text-center>% change YoY<\/p>\n<th class=text-center>Q4 FY22<\/p>\n<th class=text-center>% change QoQ<\/p>\n<tbody>\n<tr>\n<td class=text-left>Revenue<\/p>\n<td class=text-right>447.2<\/p>\n<td class=text-right>521.9<\/p>\n<td class=text-right>-14.3%<\/p>\n<td class=text-right>464.5<\/p>\n<td class=text-right>-3.7%<\/p>\n<tr>\n<td class=text-left>EBITDA<\/p>\n<td class=text-right>154.3<\/p>\n<td class=text-right>58.2<\/p>\n<td class=text-right>165.3%<\/p>\n<td class=text-right>79.6<\/p>\n<td class=text-right>93.8%<\/p>\n<tr>\n<td class=text-left>EBITDA Margin<\/p>\n<td class=text-right>34.5%<\/p>\n<td class=text-right>11.1%<\/p>\n<td class=text-right>209.7%<\/p>\n<td class=text-right>17.1%<\/p>\n<td class=text-right>101.3%<\/p>\n<tr>\n<td class=text-left>Profit after Tax<\/p>\n<td class=text-right>70.0<\/p>\n<td class=text-right>13.0<\/p>\n<td class=text-right>440.0%<\/p>\n<td class=text-right>35.6<\/p>\n<td class=text-right>96.7%<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Profit Before Tax Up 486% Year-on-Year, Demonstrating Robust Growth and Positive Outlook for the IT Services Sector.<\/p>\n","protected":false},"featured_media":8997,"parent":0,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"investor-year":[1215],"class_list":["post-18116","press-release","type-press-release","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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