DEV IT Reports Q1 FY27 Consolidated Income of ₹45 Cr
Dev Information Technology Limited (DEV IT) announced its unaudited financial results for Q1 FY27. The company reported a consolidated total income of approximately ₹45 Cr, a slight increase from ₹43.46 Cr in Q1 FY26. Standalone total income was ₹32.80 Cr compared to ₹35.69 Cr in the prior year's quarter. Consolidated EBITDA stood at ₹3.99 Cr, with a margin of 8.93%. Consolidated Net Profit was ₹2.11 Cr, down from ₹2.18 Cr in Q1 FY26. The company highlighted continued order wins, particularly from government entities, and its focus on strengthening capabilities in cloud services, digital transformation, AI, and cybersecurity. The strategic alignment with XDuce is expected to open new market opportunities in North America and the UK.
Key Highlights
- Consolidated total income for Q1 FY27 reached approximately ₹45 Cr.
- Standalone total income was ₹32.80 Cr in Q1 FY27.
- Company continues to secure orders from government entities.
- Strategic alignment with XDuce to expand North American and UK presence.
- Focus on enhancing capabilities in AI, cybersecurity, and cloud services.
Price Impact
More from DEVIT