Dev IT Q1 FY27 Results: Revenue and PAT Decline YoY

Revenue declinedRelated-party transactionsResults View source PDF Explain this filing

DEVIT · price

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Price reactionminutes from the announcement price · days from the prior close

-2.6%Reaction day

₹26.66

prior close

₹26.35

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-2.7% vs market

IT Enabled Services peers, median of 73sector-0.5%-2.1% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 2.1 pts less than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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Next day

-1.9+0.2-2.1-0.9-1.1

-5.4+0.6-6.0-1.1-4.3

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 73Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Dev IT reported Q1 FY27 standalone revenue of Rs. 3,249.70 lakhs, down from Rs. 3,547.68 lakhs YoY. Standalone PAT fell to Rs. 130.75 lakhs from Rs. 175.24 lakhs. Consolidated revenue was Rs. 4,413.08 lakhs vs Rs. 5,366.50 lakhs, with PAT at Rs. 210.90 lakhs vs Rs. 278.03 lakhs. Auditor gave an unqualified review. Company sold ByteSIGNER and Talligence businesses to associate Byte Technosys for Rs. 1,185.12 lakhs.

Likely market impact

Revenue and profit fell year on year at both standalone and consolidated levels, showing a weak quarter. Slump sale to associate is a related-party transaction.