Outcome of Board Meeting held on 12th November, 2025.
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Dev Labtech Venture Ltd's board approved unaudited standalone and consolidated financial results for the half year ended 30 September 2025, alongside a shift of its registered office from Bhavnagar to Surat (within Gujarat) effective 15 November 2025. Revenue from operations surged about 152% year-on-year to Rs. 4,924.32 lakh from Rs. 1,951.35 lakh, but net profit fell roughly 30% to Rs. 33.67 lakh (from Rs. 48.48 lakh), with EPS dropping to Rs. 0.29 from Rs. 0.47. The company manufactures lab-grown diamonds and consolidates its wholly-owned US subsidiary, Dev Labtech Venture Inc. The board noted that proceeds of Rs. 2,227.04 lakh from the earlier preferential issue have been fully utilised for capital expenditure and working capital needs, and there were no pending investor complaints at quarter-end.
Mixed near-term picture for shareholders: topline growth is strong, but margins and bottom line have compressed despite higher sales, signalling cost pressures. The registered office shift is administrative and unlikely to affect operations or valuation.