Q2FY23 Quarterly Result Announced for Data Patterns (India) Ltd.
General industrial company Data Patterns announced Q2FY23 results: Q2FY23: Total Revenue for Q2 increased by 51% from Rs. 59.52 crore in Q2FY22 to Rs. 90.01 crore in Q2FY23. The Company’s Earnings before Interest, Tax, Depreciation and Amortization (Operational EBIDTA) increased by 47% from Rs. 20.56 crore for the Q2FY22 to Rs. 30.16 crore in the corresponding Q2FY23 Profit Before Tax (PBT) improved by 71% from Rs. 16.74 crore in Q2FY22.to Rs. 28.65 crore in Q2FY23 Profit After Tax (PAT) increased by 63% from Rs. 12.89 crore in Q2FY22 to Rs. 21.05 crore in Q2FY23 H1FY23: The company’s total Revenue for H1FY23, 2022 was Rs. 160.09 crore, an increase of 65% over the first half revenue of Rs. 97.17 crore in H1FY22. Operational EBIDTA increased by 36% from Rs. 37.84 crore for Q2FY22 to Rs. 51.38 crore in the corresponding Q2FY23. Profit Before Tax (PBT) improved by 56% to Rs. 48.05 crore for H1FY23, 2022 as compared to Rs. 30.79 crore in the corresponding H1FY23. Profit After Tax (PAT) increased by 52% from Rs. 23.22 crore in H1FY23, 2021 to Rs. 35.26 crore in H1FY23. Commenting on the company’s performance, Mr. Srinivasagopalan Rangarajan, Chairman & Managing Director, of Data Patterns (India) Limited said, “Data Patterns is uniquely positioned to benefit from the strong sectoral tailwinds given our R&D; strength and our manufacturing capabilities. Our current quarterly performance is one of the best in the history of the company and has surpassed our internal targets. We are confident of delivering on our stated guidance of 25%-30% topline growth given our strong and growing order book”. Result PDF31-10-2022