Profit before tax (PBT) improved by 61% to Rs 46.27 crore in quarter ended 30 September 2023 as compared with Rs 28.66 crore posted in the corresponding quarter previous year.

Operational EBIDTA stood at Rs 40.76 crore during the quarter ended 30 September 2023, up 35% from Rs 30.16 crore posted in quarter ended 30 September 2022. Gross margin improved by 69.01% in Q2 FY24 as against posted in 64.87% in Q2 FY23.

EBITDA jumped 35.7% to Rs 408 crore during the quarter as against Rs 300 crore reported in Q2 FY23. EBITDA margin improved to 37.6% in Q2 FY24 as compared to 34.1% recorded in the corresponding quarter previous year.

As on 30 September 2023, the company received strong order book of Rs 1,003.27 crore. Including orders negotiated converted into orders, the order book will be Rs 1,082 crore.

Srinivasagopalan Rangarajan, chairman & MD, Data Patterns (India) said, “We are happy to announce strong revenues and order inflow for Q2 and H1FY24. Revenues in Q2 were in-line with our expectations and grew 23% YoY to Rs 1,083 million during Q2. The order book also saw growth, reaching Rs 10 billion while order inflows stood at Rs 1,445 million. We are committed to continued investments in product development to capitalize on the larger opportunities coming in through defence programme run by GOI.”

Data Patterns’ core competencies include design and development across electronic hardware, software, firmware, mechanical, product prototype besides its testing, validation and verification.