DroneAcharya’s Revenue Surges 998%, Profit jumps To Rs 3.97 Cr

HomeStartupDroneAcharya’s Revenue Surges 998%, Profit jumps To Rs 3.97 Cr

Published on

October 28, 2023

DroneAcharya’s operating revenue in H1 FY24 increased by 998% to INR 20.89 Cr compared to INR 1.9 Cr in the same period in the previous year.
The significant growth in revenue was attributed to the expansion of its drones and defense technology business and its entry into the spacetech sector.
The startup reported a profit after tax (PAT) of INR 3.97 Cr in H1 FY24, a substantial increase from INR 13.09 Lakh (0.13 Cr) in the corresponding period of the previous fiscal year.
DroneAcharya aims to become a platform-agnostic deeptech data science company as part of its strategic direction.
The company’s total revenue, including other income, reached INR 21.96 Cr in H1 FY24, marking significant growth from INR 1.90 Cr a year ago.