Outcome of Board Meeting the following main business: 1)Considered and approved Audited Standalone and Consolidated Financial Statements for the Year ended 31st March, 2026 and Financial ....
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Dev Labtech Venture Ltd's Board approved audited standalone and consolidated financial results for FY26 ending 31st March 2026. On standalone basis, revenue grew marginally from ₹5,241 Lakh to ₹5,930 Lakh (~13%), but profit after tax collapsed drastically from ₹129.38 Lakh to just ₹0.61 Lakh (~99.5% decline). However, on consolidated basis including new UAE subsidiary (acquired Oct 2025), revenue surged ~219% to ₹16,718 Lakh and PAT jumped ~639% to ₹956.88 Lakh. The auditors issued an unmodified (clean) opinion. Key corporate actions include a 1:1 bonus issue and stock split (Rs 10 face value split into Rs 5), increasing share count from 1.18 crore to 4.75 crore shares. The company appointed new secretarial and internal auditors for FY27.
The standalone results show operational stress with near-zero profit despite revenue growth, raising concerns about cost structure. However, the consolidated results reflect significant benefit from the newly acquired UAE subsidiary. The bonus issue and stock split will increase liquidity but may also dilute earnings per share.