Defence company Data Patterns (India) announced FY23 results: Net Revenue for FY23 increased by 46% Revenue from operations grew to Rs 453 crore in FY23 as against Rs 311 crore in FY22 EBITDA grew by 22% to Rs 172 crore in FY23 as against Rs 141 crore in FY22 PBT for FY23 grew by 29% to Rs 165 crore as against Rs 127 crore in FY22 Profit after Tax for FY23 grew by 32% to Rs 124 crore as against Rs 94 crore in FY22 The company secured orders more than Rs 900 crore in FY23, reflecting a 3x increase compared to order inflow in FY22. The order book stood at Rs 924 crore at the end of FY23 With orders finalised in April and May the current order book is Rs 1,008 crore Commenting on the financial performance, Srinivasagopalan Rangarajan, Chairman & Managing Director, Data Patterns (India), said, “This year, we have achieved excellent results of 32% YoY growth in PAT. Our order book of Rs 924 crore is healthy which is up 94% YoY. The company has also made significant investments in human capital and infrastructure during the last year. He also said that as communicated at the time of IPO, the Company has successfully smoothened the business through the year. Accordingly, the last quarter revenue moved from 70% of annual revenue in FY21 to 55% in FY22 to 41% in FY23. Full year growth is more representative of business performance rather than the quarter. Aligning with the sectoral opportunities, we are actively pursuing new product development. With the successful completion of the QIP of Rs 500 crore, we have positioned ourselves for substantial revenue growth through new products in the domestic and international markets in the coming years. Result PDF