Data Patterns India shares in focus after 27% YoY growth in Q1 net profit; check result highlight

In the early trade on Tuesday, the stock gained 0.61% to hit an intraday high of ₹3,373.2 apiece against its previous closing price after the company posted a growth in revenue and profit-after-tax (PAT) in Q1FY25.

The aerospace company informed the exchanges about its financial results for the quarter ended June 2024, on July 29. The company’s revenue from operations grew 16% YoY to ₹104.08 crore in Q1FY25 compared to ₹89.69 crore in Q1FY24. Data Patterns PAT also surged nearly 27% to ₹32.79 crore in Q1FY25 compared to ₹25.83 crore in the same quarter of the preceding fiscal.

In Q1FY25, the company’s revenue from operations declined by nearly 43% on a quarter-on-quarter (QoQ) basis from ₹182.29 crore in Q4FY24. In the June quarter of FY25 the company’s net PAT also fell nearly 54% QoQ from ₹71.1 crore in the March quarter.

Its earnings before interest, tax, depreciation and amortisation (EBITDA) increased 33% from ₹28 crore for the quarter ended June 30, 2023, to ₹37 crore in the quarter ended June 30, 2024.

The company also said that its order book, as of June 30, 2024, stood at ₹1,017.08 crore higher than the same period a year ago. The company’s order book, as of June 30, 2023, stood at ₹967 crore and ₹1,083 crore as of March 31, 2024.

Data Patterns is a vertically integrated defence and aerospace electronics solutions provider which caters to the needs of the indigenously developed defense products industry.

Data Patterns shares have rallied 64.45% in the past one year. In the last six months, the defence sector stock has gained 61.24%. Shares of Data Patterns have rallied 8.6% in the last one month and 6.46% in the past five sessions.

Data Patterns India shares are trading at ₹3,291 apiece, down 1.82%, on the NSE at around 1:30 pm.