Q2 FY26 Results: Revenue Up 50% YoY, PAT Up Nearly 5x
DEVX · price
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On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and in line with its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Dev Accelerator posted Q2 FY26 results. Consolidated revenue from operations grew 50% YoY to Rs 5,184 lakhs; H1 revenue rose 81% to Rs 10,747 lakhs. H1 PAT jumped to Rs 189 lakhs from Rs 39 lakhs. H1 EPS stood at Rs 0.28. Company recently listed on NSE and BSE on Sept 17, 2025 after a Rs 143 crore IPO. Auditor flagged IPO proceeds utilization as an emphasis of matter in the review report.
Strong revenue and profit growth post-IPO. Auditor emphasis on IPO fund usage is routine but should be monitored.