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Finance InFocus

Data Patterns Reports 45% Growth in Q1 Revenue

Total Revenue for Q1 increased by 45% from Rs. 70.08 Cr in quarter ended June 30, 2022 to Rs. 101.30 Cr in quarter ended June 30, 2023. 

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SMEStreet Edit Desk
09 Aug 2023 00:00 IST
Updated On 09 Aug 2023 04:56 IST

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Srinivasagopalan Rangarajan, Chairman & Managing Director, Data Patterns (India) Limited, SMEStreet

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

Performance Highlights

INR in Cr.

Particulars Q1 – FY24 Q1 – FY23

Total Revenue

101.30 70.08

Revenue from Operations

89.69 68.38

Operational EBITDA

27.83 21.25

Profit Before Tax (PBT)

34.88 19.42

Profit After Tax (PAT)

25.83 14.21

 

Q1 (2023 – 2024)

  • Total Revenue for Q1 increased by 45% from Rs. 70.08 Cr in quarter ended June 30, 2022 to Rs. 101.30 Cr in quarter ended June 30, 2023.
  • The Company’s Earnings before Interest, Tax, Depreciation and Amortization (Operational EBITDA) increased by 31% from INR 21.25 Cr for the quarter ended June 30, 2022 to INR 27.83 Cr in corresponding quarter 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 first quarter of FY 2022 to Rs.25.83 Cr in the first quarter of FY 2023.

  Orders book position

o   Orders on hand as on June 30, 2023                              - INR 967.11 Cr

o   Orders received in Q2 so far                                           - INR     5.19 Cr

o   Orders negotiated and yet to be received                     - INR   93.37Cr

o   If all the projects where negotiations are completed are converted into orders, the order book will be                     INR 1,06 6 Cr

From the CMD’s Desfi

Commenting on the company’s performance, Mr. Srinivasagopalan Rangarajan, Chairman & Managing Director, Data Patterns (India) Limited said, “We are pleased to announce another strong quarter with impressive results. I'm also happy to share that, out of Rs.500cr raised in QIP, we have started our product development endeavours in line with the Offer document, for Radars, Communication Systems, Electronic Warfare and Satellite. The focus on product development will allow Data Patterns to address the growing ‘Made in India’ Defence opportunities”

Financial Report Q1 Revenue Data Patterns Financial Statement Quarterly Report Income Statement Annual Report Balance Sheet
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