India's Data Patterns falls after quarterly profit declines

Data Patterns (India)

31/07/2026 05:46

** Shares of Data Patterns (India) DATP.NS fall 5.4% to 4,223 rupees
** Stock on track for its biggest intraday percentage loss since February 1, 2026
** Defense electronics maker reports June-quarter profit declines 13.5% Y/Y to 220.6 million rupees ($2.31 million) from 255 million a year earlier
** Revenue from operations rises 16.8% Y/Y in the quarter
** Stock rated "buy" on average by 9 analysts; median PT is 4,080 rupees - LSEG compiled data
** Stock up 60.8% YTD

($1 = 95.4025 Indian rupees)

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))