Data Patterns (India) Ltd Q2FY24; 62% rise in Profits

Data Patterns (India) Limited is one of the fastest-growing companies in the Defence and Aerospace Electronics sector in India. It is among the few vertically integrated defence and aerospace electronics solutions providers catering to the indigenously developed defence products industry. It is focused on in-house development and manufacturing facilities led by innovation and design and development efforts. It is in the business for over 35 years. It has supplied products catering to all the platforms, viz., space, air, land and sea, including products for LCA-Tejas, LightUtility Helicopter, BrahMos missile.

Financial Results:

Data Patterns (India) Ltd reported Revenues for Q2FY24 of ₹108.00 Crores up from ₹88.00 Crore year on year, a rise of 22.73%.

Total Expenses for Q2FY24 of ₹73.00 Crores up from ₹61.00 Crores year on year, a rise of 19.67%.

Consolidated Net Profit of ₹34.00 Crores up 61.9% from ₹21.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.04, up 48.77% from ₹4.06 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.