Genesys International Corporation has reported its financial results for the quarter and fiscal year ended 31 March 2023, recording its highest-ever yearly revenue and PAT growth of 50% and 146%, respectively. The company, which provides advanced mapping, survey and geospatial services, also said its standalone revenue from 12M FY23 had surpassed full-year revenue for FY22 by 50.24%. Furthermore, the standalone EBITDA for FY23 was INR64.85 crore, marking an increase of INR32.38 crore, while the EBITDA margin for the year was maintained at 37%. Similarly, standalone PAT hit INR38.46 crore, a YoY increase of 145.58%.
Genesys International Corporation was founded in 1995 and is a leader in advanced mapping, survey and geospatial services. With over 2,000 professionals on its team and deep industry experience, it delivers services in the geographical information system (GIS) and geospatial engineering domain. Its expertise includes acquiring and processing LiDAR data, aerial survey and photogrammetry, and it is one of the largest LiDAR acquisition companies in the world. It is also involved in state-of-the-art remote sensing, as well as IC-based e-governance solutions.
Sajid Malik, chairman and managing director of Genesys International Corporation, said the company was benefiting from moving its business model toward the digital twin space and from the investments in geo-content work it has made. He believes that digital twins and 3D modelling of the world will become a key part of how businesses engage in and govern the world in more efficient ways.
