PAT | Jotup

Sonata Software: International Services delivered Industry leading Dollar revenue growth; up 3.5% QoQ (38.3% YoY); Domestic business delivered strong Gross contribution growth of 14.2% QoQ (25.8% YoY) in INR

Retrieved on:

Thursday, February 1, 2024

Growth, DSO, ICSI, Quarter, BFSI, International, MD, USD, Digital, Workplace, INR, SSNA, Management, Microsoft, TTH, PAT, Quant, Acquisition, Yoy, Health care, TMT, Pension fund

The Company has re-measured the fair value of the contingent consideration payable to be USD 105.42 mn (INR 87,719 Lakhs), thereby an increase of USD 17.12 mn (INR 14,244 Lakhs).

Key Points:

The Company has re-measured the fair value of the contingent consideration payable to be USD 105.42 mn (INR 87,719 Lakhs), thereby an increase of USD 17.12 mn (INR 14,244 Lakhs).
Our International services Revenue in USD terms grew 3.5% QoQ and Domestic Gross contribution grew by 14.2% QoQ.
Performance Highlights for the quarter:
Revenues at ₹ 2,493.4 crores; QoQ growth of 30%
EBITDA at ₹ 227.2 crores; QoQ growth of 3%
PAT before exceptional item stood at ₹ 128.5 Crores; QoQ growth of 3%.
Revenues at ₹ 1,800.3 crores; QoQ growth of 45%
EBITDA at ₹ 59.2 crores; QoQ growth of 5%
PAT at ₹ 42.6 crores; QoQ growth of 5%
DSO at 36 days (Q2'24: 35 days).

LTIMindtree Delivers 3.5% YoY USD Revenue Growth

Retrieved on:

Wednesday, January 17, 2024

For the quarter, we reported a revenue of USD 1.08 billion, a 3.5% YoY growth in USD terms, an EBIT margin of 15.4%, an increase of 150 bps YoY, and a PAT margin of 13%, an increase of 140 bps YoY.

Key Points:

For the quarter, we reported a revenue of USD 1.08 billion, a 3.5% YoY growth in USD terms, an EBIT margin of 15.4%, an increase of 150 bps YoY, and a PAT margin of 13%, an increase of 140 bps YoY.
LTIMindtree will drive transformation across the technology landscape through multiple services including Cloud Migration, End User Services, Security, and Application Development and Support.
A US-based premier oil and gas producer selected LTIMindtree as their strategic partner for end-to-end technology services.
LTIMindtree recognized as a Major Contender in Everest Group's Digital Interactive Experience (IX) Services PEAK Matrix® Assessment 2023 – North America.

Birlasoft's Q3FY24 Revenue up 1.9% QoQ to $161.3 Mn

Retrieved on:

Wednesday, January 24, 2024

Cloud, ISQ, Business, ROW, Growth, Quarter, ISG, Nextgen, CK Birla Group, TCV, PAT, VINCI, Society, Ecosystem, Data, Analytics, Investment, EPS, Automation, LSS, Yoy, Energy

NEW DELHI, Jan. 24, 2024 /PRNewswire/ -- Birlasoft, a leading IT services and solutions provider, today reported its unaudited consolidated financial results for the third quarter ended December 31, 2023. Birlasoft is part of the $2.9 bn CK Birla Group, which has over 35,000 employees and 49 manufacturing facilities globally.

Key Points:

Birlasoft is part of the $2.9 bn CK Birla Group, which has over 35,000 employees and 49 manufacturing facilities globally.
Deal signings during the quarter at $218 million TCV too have been robust, comprising both renewals as well as net new engagements.
"Our revenue during the quarter under review grew 10% year-on-year to Rs 13,430 million.
Workforce strength increases QoQ to 12,356 as on 31st December 2023, and attrition improves further to 12.6% during Q3FY24 (from 15.0% a quarter ago and 25.5% a year ago).

Tata Elxsi delivers healthy growth in Q3 FY'24 with revenue from operations growing at 3.7% QoQ, and EBITDA margin at 29.5%

Retrieved on:

Tuesday, January 23, 2024

BANGALORE, India, Jan. 23, 2024 /PRNewswire/ -- Tata Elxsi (BSE: 500408) (NSE: TATAELXSI), amongst the world's leading providers of design led technology services, announced its third quarter results for the period ending 31st December 2023.

Key Points:

Highlights of the Quarter Ended December 31, 2023:
Revenues from operations at Rs.
33.15, +3.2% QoQ, +6.0% YoY
Transportation growth at 2.7% QoQ, 15.6% YoY, aided by deal wins and ramp-up of Software Defined Vehicle (SDV) engagements.
We are staying close to our customers and building on both growth and efficiency offerings for customers in this industry.
Our Design-Digital strategy is continuing to drive differentiation and growth, with our Design business growing strongly at 12.3%.

Bruker Announces Acquisition of Tornado Spectral Systems to Expand Its Biopharma Process Analytical Technology (PAT) Product Portfolio

Retrieved on:

Thursday, January 4, 2024

Electronic Design Automation, Health, Technology, Health Technology, Nanotechnology, Pharmaceutical, Biotechnology, Process, Multimedia, Acquisition, BRKR, PAT, Immersion

Bruker (Nasdaq: BRKR) today announced the acquisition of Tornado Spectral Systems Inc. , a Canadian company specializing in process Raman instruments, primarily used in pharma and biotech quality control applications.

Key Points:

Bruker (Nasdaq: BRKR) today announced the acquisition of Tornado Spectral Systems Inc. , a Canadian company specializing in process Raman instruments, primarily used in pharma and biotech quality control applications.
Tornado, with over a decade of experience in innovative and industry-proven Raman solutions, will enhance Bruker’s biopharma PAT portfolio with its well-established products.
Dr. Andreas Kamlowski, President of Bruker Optics, stated: “The acquisition of Tornado process Raman technology and product is a great fit to expand our range of biopharma PAT analyzers.
We warmly welcome the talented Tornado team with valuable applications expertise and years of experience.”
Mr. Ambrish Jaiswal, the CEO of Tornado Spectral Systems, commented: “The Tornado team is proud to join Bruker.

Genetec Powers ahead with Steady Growth in Q2FY2024

Retrieved on:

Wednesday, November 29, 2023

Government, COP28, Time management, EPS, BESS, EVS, Health, Renewable energy, Yoy, Artificial intelligence, EV, Carbon, PAT, Intelligence, Automation

Key Financial Performance Highlights for Q2FY2024:

Key Points:

Key Financial Performance Highlights for Q2FY2024:
- Strong and steady YoY performance recording a 2.4% revenue increase to RM72.4 million, driven by increased demand in its electric vehicle and energy storage segments.
Genetec's profit before tax ("PBT") and profit after tax (PAT) stood at RM18.7 million and RM17.4 million respectively for the quarter under review.
Moving forward, the Company remains committed to capitalising this strength while actively seeking growth opportunities across other segments.
"As more policies and incentives relating to EVs are introduced to accelerate the adoption of EVs or lower emission vehicles, Genetec is strategically positioned to capitalise on these trends.

Synergy House Achieves Record Growth with RM69.2 Million Revenue, Profits after Tax Surge by 30.24% in 3Q FY2023

Retrieved on:

Thursday, November 23, 2023

Yee, B2C, Growth, PAT, RTA, Marketing

Executive Director of Synergy House, Mr. Tan Eu Tah

Key Points:

Executive Director of Synergy House, Mr. Tan Eu Tah
Executive Director of Synergy House, Mr. Teh Yee Luen
In a remarkable display of growth, the Group reported a robust revenue of RM69.2 million and profit after tax ("PAT") of RM8.1 million for 3Q FY2023, indicating significant quarter-on-quarter improvements.
This exceptional performance for the current quarter is largely attributed to Synergy House's business-to-consumer (B2C) sector's improved margins, along with the strong growth in its business-to-business (B2B) operations.
The United Kingdom followed closely with RM27.6 million, while the United Arab Emirates contributed RM8.6 million.
As at 23 November 2023, the share price of Synergy House is RM0.57, representing a market capitalisation of RM285.0 million.

Beckley Academy Welcomes New Faculty for 2024 Psychedelic Therapy Practitioners Courses

Retrieved on:

Thursday, December 14, 2023

Veteran, Faculty, Beckley Foundation, LCSW, Woman, MAPS, Research, Cognitive behavioral therapy, Ketamine, Psilocybin, LPC, Social justice, CIIS, MDMA, Refugee, PTSD, Human, Course, Patient, Safety, PAT, BIPOC, Education, Nursing

Both Sara and Mary are psychedelic therapists with clinical experience working with training organizations to meet the increasing demand for experienced and credentialed therapists able to train practitioners in the administration and facilitation of psychedelic therapies.

Key Points:

Both Sara and Mary are psychedelic therapists with clinical experience working with training organizations to meet the increasing demand for experienced and credentialed therapists able to train practitioners in the administration and facilitation of psychedelic therapies.
Mary has completed training at CIIS CPTR, MAPS, and the Ketamine Training Center and is certified in Trauma-Focused Cognitive Behavioral Therapy.
Sara Gael Beauregard, MA, LPC, is a psychedelic therapist, educator, and mentor with expertise in MDMA-Assisted Therapy, ketamine-assisted therapy, and psychedelic risk reduction.
At Beckley Academy, we foster the relationship between learners and faculty by approaching the online classroom as a time for rich discussion, reflection, and embodied skills practice,” said Deborah Gardner , Head of Education for Beckley Academy.

Sunstone Therapies Celebrates Three Year Anniversary With More Than 100 Psychedelic-Assisted Therapy Treatments Completed

Retrieved on:

Thursday, December 14, 2023

Rockville, Maryland, December 14, 2023 – Sunstone Therapies, a leader in the delivery of psychedelic-assisted therapy in the medical setting and the development of clinical trials, announces it has completed more than 100 psychedelic-assisted therapy (PAT) treatments, involving eight different indications, in the three years since the company was founded.

Key Points:

Rockville, Maryland, December 14, 2023 – Sunstone Therapies, a leader in the delivery of psychedelic-assisted therapy in the medical setting and the development of clinical trials, announces it has completed more than 100 psychedelic-assisted therapy (PAT) treatments, involving eight different indications, in the three years since the company was founded.
Manish Agrawal MD, CEO and Co-founder of Sunstone Therapies, said: “The development of psychedelic-assisted therapy, and the understanding of the impact it can have, has progressed so much over the last three years.
We are using the extensive experience we have gained in delivering these therapies, through sponsored clinical trials and our own investigator-initiated studies, to develop a patient-centric delivery model that can be scaled responsibly in the real world.
Delivery of psychedelic therapies is complex, requiring significant capabilities and experience in logistics, infrastructure and training, as well as clinical care.

Hamilton Process Analytics Unveils White Paper Addressing Key Challenges in Cultivated Meat Production

Retrieved on:

Tuesday, December 19, 2023

Food, Meat, FDA, TCD, Biomass, VCD, Cost, CO2, PAT

Titled "PAT to Optimize the Cost, Consistency, and Yield of Cultivated Meat Production," the paper explores groundbreaking solutions to enhance the efficiency and sustainability of cultivated meat production processes through applied advanced sensor technology.

Key Points:

Titled "PAT to Optimize the Cost, Consistency, and Yield of Cultivated Meat Production," the paper explores groundbreaking solutions to enhance the efficiency and sustainability of cultivated meat production processes through applied advanced sensor technology.
In response to this challenge, Hamilton Process Analytics proposes the implementation of Process Analytic Technologies (PAT) to revolutionize cultivated meat production.
In this new white paper, Hamilton identifies key technical cost drivers in cultivated meat production and suggests ways that PAT principles could be applied to improve performance and cost-effectiveness.
To access this white paper, "PAT to Optimize the Cost, Consistency, and Yield of Cultivated Meat Production," visit the Hamilton website here.