{"id":44440,"date":"2025-08-13T11:21:30","date_gmt":"2025-08-13T05:51:30","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2025\/08\/13\/dev-it-posts-robust-consolidated-total-income-of-inr-435-mn-in-q1-fy26\/"},"modified":"2025-08-13T11:21:30","modified_gmt":"2025-08-13T05:51:30","slug":"dev-it-posts-robust-consolidated-total-income-of-inr-435-mn-in-q1-fy26","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2025\/08\/13\/dev-it-posts-robust-consolidated-total-income-of-inr-435-mn-in-q1-fy26\/","title":{"rendered":"DEV IT Posts Robust Consolidated Total Income of INR 435 Mn in Q1 FY26"},"content":{"rendered":"<div>\n<p><img loading=\"lazy\" width=\"1200\" height=\"675\" src=\"https:\/\/financialtelegraph.in\/wp-content\/uploads\/2025\/08\/Dev-Information-Technology-Limited-PNN.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Dev Information Technology Limited PNN\" decoding=\"async\"><\/p>\n<p><b>Mumbai (Maharashtra) [India], August 13: <\/b><span style=\"font-weight: 400;\">Dev Information Technology Limited,(NSE \u2013 DEVIT, BSE \u2013 INE060X01026), a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, with products like Talligence and ByteSigner, has announced its Unaudited Financial Results for the Q1 FY26.<\/span><\/p>\n<p><b>Q1 FY26 Consolidated Key Financial Highlights<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Total Income of \u20b9 434.59 Mn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EBITDA of \u20b9 40.30 Mn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EBITDA Margin of 9.27%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Net Profit of \u20b9 21.82 Mn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Net Profit Margin of 5.02%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EPS of \u20b9 0.93<\/span><\/li>\n<\/ul>\n<p><b>Q1 FY26 Standalone Key Financial Highlights<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Total Income of \u20b9 356.89 Mn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EBITDA of \u20b9 32.74 Mn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EBITDA Margin of 9.17%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Net Profit of \u20b9 17.52 Mn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Net Profit Margin of 4.91%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EPS of \u20b9 0.78<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Commenting on the performance, Mr. Pranav Pandya Founder &amp; Chairman, said, \u201cThe first quarter of FY26 marked a period of stable operations and consistent project execution across our core service areas. During the quarter, we secured key project wins that further strengthen our position as a technology partner in building digital public infrastructure. These include engagements focused on integrated platforms for government service delivery, skill development, and financial management\u2014reflecting our domain expertise in implementing complex, large-scale solutions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During the quarter, we also began investing in enhancing our capabilities and capacity in emerging areas such as Artificial Intelligence and Cybersecurity. Additionally, as a company, we acquired some more e-governance projects to help mitigate potential disruptions in current geopolitical situations worldwide.While these strategic investments have had a short-term impact on margins, they are intended to position us for sustainable, long-term growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, our subsidiary, Dhyey Consulting Services Limited, was recognised among the Top 5 SMB Partners in India by Microsoft under the Business Application Impact category. This recognition underscores our continued focus on enterprise application services, particularly around Microsoft Dynamics and the Power Platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As we look ahead, we remain focused on execution, strengthening our capabilities in emerging technologies, and supporting our clients with reliable, scalable digital solutions. These developments align with our broader strategy to support digital transformation initiatives across government and enterprise sectors. Our structured approach, combined with our solution design capabilities and delivery consistency, continues to drive meaningful outcomes for our clients.\u201d<\/span><\/p>\n<p><b>Q1 FY26 Key Business Highlights<\/b><\/p>\n<table>\n<tbody>\n<tr>\n<td><span style=\"font-weight: 400;\">DEV IT Subsidiary Wins Microsoft Recognition<\/span><\/td>\n<td>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Dhyey Consulting Services Limited, a subsidiary, ranked among Top 5 SMB Partners in India.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Awarded in the Business Application Impact category.<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Secured Order<\/span><\/td>\n<td>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Client: RajCOMP Info Services Ltd (Rajasthan Govt. ICT entity)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Order Value: Around \u20b92.90 Cr<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Project: Development of EEMS 2.0 &amp; 3-year Operation &amp; Maintenance under Department of Skill, Employment &amp; Entrepreneurship<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tenure: Around 3 years<\/span><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Declared Dividend<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Dividend: Final dividend at \u20b90.25 per equity share<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Shares: 2,25,34,093 equity shares of \u20b95 each<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], August 13: Dev Information Technology Limited,(NSE \u2013 DEVIT, BSE \u2013 INE060X01026), a global IT services company providing Cloud Services, Digital Transformation, Enterprise Applications, and Managed IT Services, &hellip; <a href=\"https:\/\/financialtelegraph.in\/index.php\/2025\/08\/13\/dev-it-posts-robust-consolidated-total-income-of-inr-435-mn-in-q1-fy26\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":44441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-44440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/44440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=44440"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/44440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/44441"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=44440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=44440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=44440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}