Q3FY23 Quarterly Result Announced for Datamatics Global Services Ltd.
IT consulting & service firm Datamatics Global Services announced Q3FY23 results: Q3FY23: Datamatics Q3FY23 revenue is up 23.9% YoY to Rs 372.6 crore PAT is up by 24.1% YoY to Rs 45.9 crore Commenting on Q3FY23 results, Rahul Kanodia, Vice-Chairman and CEO, said, " We are pleased to report a strong revenue growth quarter. We were able to turn around the Digital Technologies business, which is now having a positive EBIT, thanks to higher revenues and cost optimization efforts. We are confident that we will maintain growth in the coming quarters due to the healthy demand in every market we operate in. I want to thank our shareholders and clients for their continued faith in us." He added, "I am pleased to inform you that Prime Minister Narendra Modi is inaugurating Phase 2 of Mumbai Metro Line 2A and 7 today. Datamatics has implemented the Automatic Fare Collection (AFC) system for both the Metro lines. Also, Datamatics enabled AFC system at Kolkata Metro, which Modi inaugurated on December 30, 2022. We are proud to be a part of both these projects that will positively impact millions of citizens." Result PDF19-01-2023