Quarterly Result20 May 2026, 01:49 pm
Dev Accelerator FY26 Revenue Up 34.3% YoY to ₹170.91 Cr
AI Summary
Dev Accelerator Ltd (DEVX) announced its audited financial results for FY26. Standalone revenue from operations grew by 34.3% YoY to ₹170.91 crore. Standalone EBITDA margin stood at 60.5%. Consolidated revenue from operations reached ₹226 crore, up 42.2% YoY. The company signed 8.1 lakh sq. ft. under Development Management contracts and 4.5 lakh sq. ft. at Winston under the Straight Lease model. They are targeting to double operational capacity to ~30 lakh sq. ft. by FY28.
Key Highlights
- Standalone Revenue from Operations grew 34.3% YoY to ₹170.91 Cr in FY26.
- Standalone EBITDA Margin stood at 60.5% for FY26.
- Consolidated Revenue from Operations reached ₹226 Cr in FY26, up 42.2% YoY.
- Company signed 8.1 lakh sq. ft. under Development Management contracts.
- Targeting to double operational capacity to ~30 lakh sq. ft. by FY28.
Price Impact
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