Gandhinagar, India, 28th July, 2023: Information Technology and Software Consultancy Services provider, DRC Systems India Limited “DRC Systems”, “the Company” today announced its audited financial results for the First Quarter (Q1) ended June 30, 2023
Figures in INR Lacs
“Our performance has been experiencing significant growth and we anticipate this trend to continue throughout the upcoming quarters. We have been making astute decisions regarding cost management and investments, as well as attracting high-quality clients, resulting in a noticeable increase in repeat customers. Our dedication to technological advancement is evident from our recent investment in Nighthack Technology Pvt Ltd., a company specializing in AI, ML, and Blockchain technology. With our acquisition of a majority stake in Nighthack Technology, we are positioned to make a substantial leap forward in our edutech software and services business. Our joint venture with a company based in the UAE aims to expand our reach more aggressively and secure lucrative long-term business opportunities in Free Zones. Currently, we are operating in 5 Free Zones within Middle East countries, and through this new partnership, we anticipate obtaining more similar ventures for our business portfolio,” said Hiten Barchha, Managing Director, DRC Systems India Limited.
DRC Systems is an IT services and Consultancy Company in India focused on providing viable and lasting solutions to businesses. We are focused on innovation and creativity to lead the change, since its advent in 2012. With competent teams of developers, project managers, and strategists, we help our customers overcome their business challenges with customised software development. Our services and solutions help businesses scale the market. Over the years, we have diversified our service offerings through a mix of organic growth and strategic transactions. We believe the wide range of services that we offer enables us to build stronger relationships with our clients and cross sell our services. Our customer base is spread across geographies and majorly to Europe, USA, Middle East and Asia.