Data Patterns India Q1FY23 revenue increases 86% yoy to Rs70.08 crore

3 Aug 2022 , 09:18 AM

The Board of Directors at Data Patterns (India) Limited has approved the limited review financial results for the quarter ended June 30, 2022.

Q1 (2022 — 2023)

• Total Revenue for Q1 increased by 86% from Rs37.65 crore in quarter ended June 30, 2021 to Rs70.08 crore in quarter ended June 30, 2022.
• The Company’s Earnings before Interest, Tax, Depreciation and Amortization (Operational EBITDA) increased by 23% from Rs17.27 crore for the quarter ended June 30, 2021 to Rs21.25 crore in corresponding quarter ended June 30, 2022.
• Profit Before Tax (PBT) improved from Rs14.04 crore for the first quarter of FY22 to Rs19.42 crore in the first quarter of FY23
• Profit After Tax (PAT) increased by 37% from Rs10.30 crore in first quarter of FY 2022 to Rs14.23 crore in the fist quarter of FY 2023.

Commenting on the company’s performance, Srinivasagopalan Rangarajan, Chairman & Managing Director, Data Patterns (India) Limited said, “Company delivered good Q1 results in line with our expectations. The Company’s primary focus is to create a robust order book and increase the operational efficiency.”

At around 9:18 AM, Data Patterns (India) was trading at Rs752.80 per share up by Rs0.35 or 0.05% from its previous closing of Rs752.45 per share on the BSE.