Dev Information Technology Limited has informed the Exchange regarding 'earning press realeas'.
DEVIT · price
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Awaiting price reaction for this filing.
Dev Information Technology reported consolidated total income of ₹434.59 Mn in Q1 FY26, up about 21.6% from ₹357.30 Mn in Q1 FY25, driven by growth across its IT services and e-governance businesses. However, profitability took a hit — consolidated EBITDA fell to ₹40.30 Mn (margin of 9.27%) from ₹60.59 Mn (margin of 16.96%), and net profit dropped to ₹21.82 Mn from ₹37.18 Mn, with net margin halving to 5.02%. Management attributed the margin pressure to strategic investments in AI, cybersecurity, and new e-governance projects. On the business front, subsidiary Dhyey Consulting was recognised as a Top 5 Microsoft SMB Partner, and the company won a ₹2.90 Cr order from RajCOMP Info Services for a 3-year EEMS 2.0 project. A final dividend of ₹0.25 per share was declared.
The top-line growth is encouraging and shows the company is winning new business, but the sharp drop in EBITDA and net profit margins is a concern for shareholders — the stock could see pressure on results day despite the revenue beat. Investors will watch whether margin recovery materialises as new investments start contributing.