Data Patterns

Data Patterns Q2 results: Net profit declines 10% to Rs 30.28 crore

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 ..

UN nature talks explore rules for digital genetic data use and compensation

Species-rich countries, including tropical giants like Brazil and India, are on guard against corporations and researchers capitalizing on their biodiversity without offering compensation or royalties

Navratri 2024: 9 stocks for your equity portfolio for sparkling returns

ONGC, Oil India, GNFC, Tata Chemicals and Sun Pharma are among the 9 stocks that could rally up to 20%, suggests technical charts. Check key support and resistance levels for these stocks here.

Decoded: What is Sam Altman's Worldcoin initiative and how does it work?

Worldcoin has encountered major regulatory issues due to concerns about its handling of user data, algorithm training, and preventing the capture of children's images

Flooded with data? Insights industry will help you now

Companies are using the insights industry for decision-making as global consumption recovers from the pandemic years. The industry is estimated to be worth more than $130 bn

HAL, BEL, Data Patterns: Why is Jefferies bullish on these defence stocks?

Analysts at Jefferies see up to 32% further upside on Data Patterns stock, and up to 18% and 10% for BEL and HAL; owing to global geo-political tensions and India's focus on self-reliance.

Data Patterns extends rally post Florintree Capital exit; up 72% in 15 days

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

Florintree Capital exits Data Patterns, sells entire stake for Rs 1,102 cr

According to the block deal data available with the BSE, Florintree Capital Partners LLP offloaded 59,96,622 shares, amounting to a 10.71 per cent stake in Data Patterns (India)

Personal information of 750 mn Indians up for sale on dark web: CloudSEK

The dataset allegedly encompasses around 85 per cent of the Indian population, making it one of the largest breaches of its kind

95% of Indian parents concerned about screen addiction of children: Survey

An overwhelming 95% of Indian parents are deeply concerned about screen addiction, while 80% and 70% expressed worries regarding gaming addiction and adult content consumption

Blinkit 2023 report: Bizarre buys from condoms to maggi & iPhones

A customer ordered 2,670 toothbrushes in 2023, nearly 7 a day

Data-driven hiring, nearly double-digit pay hikes to mark HR ways in 2024

Data-driven hiring ways, inclusive and diversity-focused practices and nearly double-digit salary hikes are likely to leave their stamp on the human resource landscape in 2024 as companies continue to scout for the right talent amid economic uncertainties. Over the last few years, the expectations of candidates and employers have changed dramatically. Employees want workplace flexibility, a greater emphasis on diversity, and impartial hiring processes, while companies are eager to provide fair, engaging and streamlined candidate experiences to attract and retain top talent, according to experts. Designing comprehensive well-being programmes, including flexible work arrangements, inclusive culture and work-life balance policies will be among the priorities for companies. Experts said that data-driven hiring will be one of the key trends that will redefine the HR landscape. AI-powered tools will revolutionise HR practices by automating repetitive tasks and providing personalised ...

War between OTT and telecom companies drives COAI to track data use

Confirming the move, S P Kochar, director general of COAI, said that the aim is to put the information in public domain for all stakeholders and also for the government

Chennai firm Data Patterns inks strategic MoU with Isro, to acquire SAR

SAR technology is capable of generating high-resolution images from space, unaffected by weather conditions, and can collect data during both day and night

Britannia, CDSL, Polyplex among 5 low-risk stocks to add to your portfolio

Data Patterns (India) and Godfrey Phillips are the other two stocks which seem to be favourably placed on the charts, thus making a case for lower-risk at current levels.

Govt seeks public feedback on draft guidelines for dark patterns

Dark patterns are practices or patterns on UI/UX interactions on any platform designed to mislead or trick users

Data Patterns rallies 9% to hit record high on strong order book position

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 reports 81.7% rise in Q1 PAT at Rs 25.38 cr

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 actively pursuing new product development, says CMD

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

Data Patterns hits new high; stock rallies 28% over QIP issue price

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