Data Patterns reports 45% growth in Q1 revenue

New Delhi/Chennai, August 09, 2023:    The Board of   Directors at  Data    Patterns  (India)    Limited  (NSE: DATAPATTNS BSE: 543428), a vertically integrated Defense and Aerospace electronics solutions provider catering to the indigenously developed defense products industry, today approved the limited review financial results for the quarter ended June 30, 2023.

Performance Highlights 

Q1 (2023– 2024) 

• Total Revenue for Q1 increased by 45% from Rs. 70.08 Cr in the quarter that ended June 30, 2022, to Rs. 101.30 Cr in the quarter ended June 30, 2023.
• The Company’s Earnings before Interest, Tax, Depreciation, and Amortization (Operational EBITDA) increased by 31% from 21.25 Cr for the quarter that ended June 30, 2022, to INR 27.83 Cr in the corresponding quarter that ended June 30, 2023
• Profit Before Tax (PBT) improved by 80%, from INR 19.42 Cr for the first quarter of FY23 to INR 34.88 Cr in the first quarter of FY24
• Profit After  Tax (PAT) increased by 82% from Rs. 14.21 Cr in the first quarter of FY 2022 to Rs.

25.83 Cr in the first quarter of FY 2023. 

• Orders book position
  • Orders on hand as on June 30, 2023                             – INR 967.11 Cr
  • Orders received in Q2 so far                                          – INR    5.19 Cr
  • Orders negotiated and yet to be received                     – INR   93.37Cr
  • If all the projects where negotiations are completed are converted into orders, the order book will be INR 1,066 Cr