Gandhinagar, India, 29th May, 2023: Information Technology and Software Consultancy Services provider, DRC Systems India Limited DRC Systems, the Company today announced its audited fincial results for the fourth Quarter (Q4) and year ended March 31, 2023.
Figures in INR Lacs
“Digital growth and the high adaption of digitalization in businesses across the world have brought new vigor to our companys growth, ending the financial year 2022-23 on a high note. Due to the high inflationary situation in the Western economies, companies in these highgrowth economies are trying to balance or reduce their operation cost to a certain extent which has given the surge in business deals for DRC in the second half of the year. Apart from this, there has been growth coming from our old retained clients, as a partnership and trust build on our technology prowess. On the back of these developments, we registered a robust growth during the year on both revenue and profitability front posting record profits and expect these to continue in coming months as there is an incredible potential in our IT industry,” 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.