DRC Systems reports 245% jump in net profit; Declares bonus share

DRC Systems India shares clocked 2% upper circuit at ₹51.40. The surge followed robust quarterly results, with a 37% revenue increase to ₹13.56 crores in December. Net profits also soared by 245% to ₹5.10 crores. The company announced a 2:1 bonus share issuance, with a record date of February 27, 2024.