Data Patterns

Data Patterns (India) Ltd reported a profit after tax of Rs 30.28 crore for the July-September 2024 quarter, the Chennai-based company announced. The defence and aerospace electronics systems provider had recorded a profit after tax of Rs 33.79 crore in the corresponding quarter of the previous financial year. For the half-year ending September 30, 2024, the profit after tax stood at Rs 63.07 crore, compared to Rs 59.62 crore in the same period last year. Commenting on the financial performance, chairman and managing director Srinivasagopalan Rangarajan said in a statement on Sunday, "We are pleased to report healthy and improved margins during H1 of FY2024-25, driven by our continued focus on operational efficiency and a more favourable product mix. Revenue for the quarter was impacted due to the deferment of the delivery schedule by the customer for completed products." Total income for the quarter under review declined to Rs 103.06 crore, down from Rs 119.15 crore in the same ..

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The Singapore Sovereign Wealth Fund GIC acquired over 6 per cent stake valued at Rs 650 crore in the company via open market

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The government's focus on liberalising foreign investment restrictions to achieve self-reliance under the 'Atmanirbhar Bharat' initiative is expected to keep the sector on a strong growth trajectory

Data Patterns (India) Ltd has reported an 81.7 per cent jump in its April-June 2023 profit after tax at Rs 25.83 crore, the company said on Wednesday. The city-based, integrated defence and aerospace electronics solutions provider, has reported a profit after tax at Rs 14.21 crore during the corresponding quarter of previous year. Total revenue during the quarter under review grew to Rs 101.30 crore from Rs 70.08 crore registered in the same period of last year. The company's Earnings before Interest, Tax, Depreciation and Amortisation (operational EBITDA) during the quarter under review increased by 31 per cent, to Rs 27.83 crore from Rs 21.25 crore registered in the same quarter of last financial year. "We are pleased to announce another strong quarter with impressive results. I am also happy to share that out of the Rs 500 crore raised in QIP, we have started our product development endeavours in line with the Offer document for Radars, Communication Systems, Electronic Warfare

Data Patterns (India) Ltd was actively pursuing new product development aligning with sectoral opportunities, a top company official has said. The city based electronics solution provider in the defence and aerospace sectors, reported a profit after tax at Rs 55.34 crore for the quarter ending March 31, 2023. The company had registered a profit after tax at Rs 61.63 crore during the corresponding quarter of previous year. The total income during the quarter under review grew to Rs 188.90 crore from Rs 173.07 crore registered in the corresponding period of last year. Commenting on the financial performance, company chairman and managing director Srinivasagopalan Rangarajan said, "This year, we have achieved excellent results of 32 per cent year-on-year growth in PAT. Our order book of Rs 924 crore is healthy which is up 94 per cent year-on-year." "The company has also made significant investments on human capital and infrastructure during the last year," he said in a statement. Fo

The strong order backlog at Rs 1,014 crore as of January 2023, and healthy order pipeline provides strong revenue visibility