DRC Systems India Reports Strong Q3 FY24-25 Growth in Sales and Profit After Tax
DRC Systems India has announced its financial results for Q3 FY24-25, showcasing significant year-on-year growth in net sales and profit after tax. For the half-yearly period, net sales reached Rs 33.09 crore, while profit after tax was Rs 10.67 crore, indicating effective operational management. The debtors turnover ratio also improved significantly.
DRC Systems India, a microcap player in the IT software industry, has recently reported its financial results for the quarter ending December 2024. The company has demonstrated notable financial performance during Q3 FY24-25, with a significant year-on-year growth in net sales and profit after tax.For the half-yearly period, DRC Systems recorded net sales of Rs 33.09 crore, reflecting a growth rate of 41.11% compared to the previous year. This positive trend in sales indicates a robust demand for the company's offerings. Additionally, the profit after tax for the nine-month period reached Rs 10.67 crore, marking a year-on-year growth of 38.75%. This performance suggests that the company is effectively managing its operations to enhance profitability.
Furthermore, the debtors turnover ratio has reached a high of 12.72 times over the last five half-yearly periods, indicating that DRC Systems has been efficient in settling its debts more quickly.
In light of these developments, there has been an adjustment in evaluation for DRC Systems, reflecting the ongoing changes in its financial landscape.
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