Data Patterns actively pursuing new product development, says CMD

Data Patterns (India) Ltd was actively pursuing new product development aligning with sectoral opportunities, a top company official has said. The city based electronics solution provider in the defence and aerospace sectors, reported a profit after tax at Rs 55.34 crore for the quarter ending March 31, 2023. The company had registered a profit after tax at Rs 61.63 crore during the corresponding quarter of previous year. The total income during the quarter under review grew to Rs 188.90 crore from Rs 173.07 crore registered in the corresponding period of last year. Commenting on the financial performance, company chairman and managing director Srinivasagopalan Rangarajan said, "This year, we have achieved excellent results of 32 per cent year-on-year growth in PAT. Our order book of Rs 924 crore is healthy which is up 94 per cent year-on-year." "The company has also made significant investments on human capital and infrastructure during the last year," he said in a statement. Fo

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