Dev Information Technology Ltd

Dev Information Technology Employee Stock Options

Dev Information Technology Limited allotted 6,23,944 equity shares under its Employee Stock Option Plan – 2024 to eligible employees.

Dev Information Technology Bags ₹0.3 Cr Order from Central Power Research Institute Bangalore, Ministry of Power,...

DEVIT secured a Rs.0.30 Crore website modernisation order from CPRI Bangalore under Ministry of Power. The 4-year engagement covers redesign, development, GIGW compliance and maintenance of CPRI's bilingual website.

Value

₹0.30 Cr

From

Central Power Research Institute (CPRI) Bangalore, Ministry of Power, Government of India

Execution

approximately 4 years

Dev Information Technology Annual Report

Dev Information Technology Ltd has submitted its Integrated Annual Report and Notice of the 29th Annual General Meeting for the financial year 2025-26.

Dev Information Technology Annual General Meeting

Dev Information Technology Limited scheduled its 29th Annual General Meeting for September 30, 2026. The agenda includes financial adoption, dividend declaration, and related-party transaction approvals.

Dev Information Technology Other Announcement

Dev Information Technology Limited has set September 23, 2026, as the Record Date to determine eligibility for the Final Dividend and the 29th Annual General Meeting.

Dev Information Technology Board Meeting Outcome

Dev Information Technology announced its board meeting outcome, covering the 29th AGM notice, record date for final dividend, and appointments of two new directors.

Dev Information Technology Bags ₹5.15 Cr Order

Dev Information Technology Limited (DEVIT) secured a Rs. 5.15 Crore work order from NICSI. The project involves developing IFMS 3.0 applications for Rajasthan's Directorate of Treasuries.

Value

₹5.15 Cr

Execution

Approximately 6 months

Dev Information Technology Results Update

Dev Information Technology Limited reported a Q1 FY27 consolidated total income of Rs. 44.64 Crore. Net profit for the period stood at Rs. 2.11 Crore.

Value

₹44.64 Cr

Dev Information Technology Q1 FY27 Results: Net Profit ₹2.1 Cr, Down 4.5% YoY

Dev Information Technology Ltd reported revenue from operations of ₹44.1 Cr (+2.6% YoY) and net profit of ₹2.1 Cr (-4.5% YoY) for Q1 FY27.

Key figure

Net profit ₹2.1 Cr · -4.5% YoY

Dev Information Technology Bags ₹5.33 Cr Order

Dev Information Technology Limited (DEVIT) secured a Rs. 5.33 Crore order from the Government of Gujarat. The contract involves infrastructure modernization and software enablement services.

Value

₹5.33 Cr

Execution

1 Month

Dev Information Technology Board Meeting Date

Dev Information Technology Limited has scheduled a board meeting for August 13, 2026, to consider and approve the company's financial results for the quarter ended June 30, 2026.

Dev Information Technology Bags ₹0.73 Cr Order

DEVIT won a ₹0.73 Crore order from Haryana State Electronics Development Corp to build a legal knowledge system. Delivery is planned in 4‑5 months with 3‑year maintenance.

Value

₹0.73 Cr

Execution

Approximately 4-5 months for design/development and 3 years for annual maintenance

Dev Information Technology Bags ₹2.79 Cr Order

Dev Information Technology won a ₹2.79 Crore order from GIFTCL. The project involves digital ecosystem transformation over approximately 2.5 years.

Value

₹2.79 Cr

Execution

Approximately 2.5 Years

Dev Information Technology Merger & Restructuring

Dev Information Technology entered a strategic collaboration with Xduce Technologies. Xduce has acquired approximately 24% equity stake in the company.

Dev Information Technology Earnings Call: Key Takeaways

Dev IT reported Q4 FY26 revenue of ₹56cr (+8.1% YoY) and FY26 PAT of ₹75.60cr, significantly boosted by an exceptional gain from Dev Accelerator's IPO.

Dev Information Technology Earnings Call: Key Takeaways

Dev IT reported strong revenue growth of 50.6% YoY in Q3 FY25, driven by cybersecurity and digital transformation. Management is pivoting from traditional services to high-margin AI, Cloud, and SOC services.

Dev Information Technology Results Update

Dev IT reported consolidated FY26 revenue of ₹193.50 Crore and Net Profit of ₹75.60 Crore. The company achieved strong growth and expanded its strategic digital partnerships.

Value

₹193.5 Cr

Dev Information Technology Other Announcement

Dev Information Technology Limited submitted its Annual Secretarial Compliance Report for FY2026. The report by Murtuza Mandorwala & Associates confirms the company followed all SEBI regulations.

Dev Information Technology Dividend

Dev Information Technology recommended a final dividend of ₹0.05 per equity share for FY 2025-26. The record date will be determined in an upcoming meeting.

Dev Information Technology Management Change

Dev Information Technology re-appointed M/s. Manav Sheth & Company as Internal Auditor for 12 months. The appointment remains effective from April 1, 2026.

Execution

12 months

Dev Information Technology Other Announcement

Dev Information Technology is selling a 25% stake in its subsidiary, Dhyey Consulting, for ₹4.60 Crore. The company will retain a 75% controlling interest post-transaction.

Value

₹4.60 Cr

Execution

Expected completion by 2026-10-30

Dev Information Technology Merger & Restructuring Worth ₹4.6 Cr

Dev Information Technology is selling a 25% stake in its subsidiary for ₹4.60 Crore. The cash transaction is expected to conclude by October 2026.

Value

₹4.60 Cr

Execution

Expected completion by 2026-10-30

Dev Information Technology Q4 FY26 Results: Net Profit ₹9 Cr, Up 718.2% YoY

Dev Information Technology Ltd reported revenue from operations of ₹53.9 Cr (+4.5% YoY) and net profit of ₹9 Cr (+718.2% YoY) for Q4 FY26.

Key figure

Net profit ₹9 Cr · +718.2% YoY

Dev Information Technology Financial Results

Dev Information Technology reported FY26 audited results and recommended a Rs. 0.56 Crore final dividend. It also divested a 25% stake in its subsidiary.

Value

₹0.56 Cr

Dev Information Technology Board Meeting Date

Dev Information Technology scheduled a board meeting for May 28, 2026. Directors will consider audited annual financial results and a final dividend recommendation.

Dev Information Technology Bags ₹0.54 Cr Order

Dev IT secured a ₹0.54 Crore AD domain migration order from GSPC. The project will be executed over approximately 16 weeks to unify identity management.

Value

₹0.54 Cr

Execution

Approximately 16 weeks

Dev Information Technology Bags ₹2.79 Cr Order

Dev IT secured a ₹2.79 Crore order from GIFTCL for a web portal and Digital Twin platform. The project spans approximately two years.

Value

₹2.79 Cr

Execution

Approximately 2 Years

Dev Information Technology Debt & Borrowing: ₹5.58 Cr

Dev Information Technology Limited confirmed it does not meet the SEBI criteria for 'Large Corporate' classification as of March 31, 2026. The company reported outstanding borrowings of ₹5.58 Crore. This disclosure is part of annual regulatory compliance regarding mandatory borrowing through debt securities.

Value

₹5.58 Cr

Dev Information Technology Other Announcement

Dev Information Technology Ltd has achieved all six Microsoft Solutions Partner Designations, entering an elite tier of global IT service providers. This certification, achieved alongside subsidiary Dhyey Consulting, validates expertise in Cloud, AI, and Digital Transformation. The milestone strengthens the company's competitive positioning for large-scale corporate opportunities globally, particularly in North American markets.

Dev Information Technology Other Announcement

Dev Information Technology Ltd achieved all six Microsoft Solutions Partner Designations, entering an elite global tier. This milestone, achieved with its subsidiary Dhyey Consulting, validates expertise in Modern Work, Azure Infrastructure, Digital Innovation, Data & AI, Security, and Business Applications. The achievement reinforces its position as a high-maturity global IT service provider.