Dev Information Technology Delivers 9M Revenue Growth, Strengthens Platform for Scalable Global Growth

Mumbai (Maharashtra) [India], February 11: Dev Information Technology Limited, (NSE – DEVIT, BSE – 543462 | INE060X01034), 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 Q3 & 9M FY25.

Key Consolidated Financial Highlights 

9M FY26 Consolidated Financial Highlights

• Total Revenue of ₹137.50 Cr, YoY growth of 4.07%

• EBITDA of ₹2.19 Cr

• PAT* of ₹66.64 Cr, YoY growth of 388.37%

• PAT Margin of 48.47%, YoY growth of 3,814 bps

• EPS of ₹11.69, YoY growth of 381.07%

*Includes Exceptional Unrealised gain of ~₹92 crore on reclassification of EV Accelerator stake post IPO

Commenting on the performance, Mr. Pranav Pandya Founder & Chairman, said, “This quarter reflects a phase of purposeful investment and platform strengthening, with the focus firmly on building capabilities that support long-term growth. Alongside steady revenue momentum, the period saw continued investments across talent, technology, and strategic partnerships to deepen the Company’s presence in high-growth digital areas and strengthen its operating platform.

The quarter also marked meaningful progress on execution and market positioning. The achievement of CMMI Maturity Level 5 reinforces the Company’s commitment to delivery excellence, while the alliance with XDuce creates a strong pathway to scale operations in North America across AI, cloud, data, and cybersecurity. With a growing pipeline and a sharper focus on execution efficiency and scalable delivery, the Company is well positioned to convert these initiatives into sustained and consistent growth in the periods ahead.”

Key Recent Business Highlights

CMMI Level 5 Certification: Appraised at CMMI Maturity Level 5 (Version 3.0) for Development, reflecting the highest level of process maturity and delivery excellence.

Strategic Alliance with XDuce: Partnered with XDuce to accelerate North America growth and expand capabilities across AI, cloud, blockchain, cybersecurity, and data services.

If you object to the content of this press release, please notify us at [email protected]. We will respond and rectify the situation within 24 hours.

Business Vivid Electromech

Vivid Electromech Appoints New Chief Financial Officer and Company Secretary to Strengthen Leadership

Mumbai (Maharashtra) [India], July 29: Vivid Electromech Limited (NSE: VIVIDEL), a leading player in the power supply, traction, and electro-mechanical systems space, is pleased to announce that pursuant to the announcement made following the meeting of the Board of Directors held on 27 July 2026, the Company has undertaken a structured succession and leadership-strengthening exercise across […]

Read More
Bengali food Business convenience food FMCG food brand Indian snacks Kolkata packaged foods Snehkana SUJALA Foods Wiggie

SUJALA Foods Expands Product Portfolio, Bringing Bengal’s Authentic Food Heritage to Modern Indian Kitchens

Kolkata (West Bengal) [India], July 29: As India’s food industry witnesses increasing demand for authentic, nutritious, and convenient food products, SUJALA Foods, the flagship food brand of Apphia Barter India Pvt. Ltd., is strengthening its position as an emerging Indian FMCG brand by combining Bengal’s rich culinary heritage with modern food innovation. Established in 2017, […]

Read More
Business

Baheti Recycling Industries reports 89% revenue growth in Q1 FY27

Aluminium recycler posts net revenue of Rs. 253.94 crore, begins commercial sales of copper alloy ingots Ahmedabad (Gujarat) [India], July 29: Baheti Recycling Industries Limited (NSE: BAHETI), a leading player in aluminium recycling and the manufacture of aluminium alloys and de-ox alloys, reported a strong performance for the first quarter of FY27, with net revenue […]

Read More