Data Pattern's gross margin dipped 37.4pp YoY to 39%.

(Image source: Envato) Data Patterns reported a strong quarter, with revenue surging 3.4x YoY. This growth was fueled by a high contribution from the Development segment (up 106x YoY), as the company delivered a strategic contract of ~Rs 1.8 billion (taken at a competitive price considering possible longterm opportunities). However, this resulted in a 15.4pp YoY dip in Ebitda margin. Further, the Production/Service segments grew 24%/69% YoY.

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