DEVIT Posts Robust Consolidated Total Income of 92.64 Cr in H1 FY26

Dev Information Technology Limited (DEVIT) has announced its unaudited financial results for the Q2 FY26 & H1 FY26. The company reported a consolidated total income of 92.64 Cr in H1 FY26, representing a significant year-over-year increase. The standalone net profit also saw a substantial growth of 481.45% in H1 FY26. DEVIT secured multiple orders from various entities, including Alivus Lifesciences, Gujarat Informatics, Guj Info Petro, and NICSI, spanning enterprise software deployment, cloud migration, e-Governance modernization, and financial management systems. The company's subsidiary, Dev Accelerator Limited, completed a public issue of 7143.35 crore. DEV IT is investing in AI, cybersecurity, and blockchain to build proprietary IPs and scalable platforms. The company is also expanding its geographical presence, skilling its workforce, and capturing a larger share of the profitable domestic market. DEV IT declared a final dividend of 0.10 per equity share and announced a stock split.