DEVIT Posts Robust Consolidated Total Income of 435 Mn in Q1 FY26

Dev Information Technology Ltd, a global IT services company, announced its unaudited financial results for Q1 FY26. The company reported a consolidated total income of 435 Mn, a significant increase from 357.30 Mn in Q1 FY25. The EBITDA stood at 40.30 Mn, with an EBITDA margin of 9.27%. The company secured key project wins, including e-governance projects, and made strategic investments in emerging areas like Artificial Intelligence and Cybersecurity. The subsidiary, Dhyey Consulting Services Limited, was recognized among the Top 5 SMB Partners in India by Microsoft under the Business Application Impact category. The company also declared a final dividend of 20.25 per equity share.