Dev Information Technology Ltd
P&L
Quarterly Consolidated
vs Q4 FY26
DEV IT Reports Q1 FY27 Consolidated Income of ₹45 Cr
14 Aug 2026 · 14 Aug, 2:24 pm
Summary
Dev Information Technology Limited (DEV IT) announced its unaudited financial results for Q1 FY27, reporting consolidated total income of approximately ₹45 Cr. The company sustained its business momentum with continued order wins, particularly from government entities for digital transformation initiatives. While consolidated EBITDA was ₹3.99 Cr with an 8.93% margin, net profit stood at ₹2.11 Cr. Management expressed focus on strengthening capabilities in cloud services, digital transformation, and AI, expecting the strategic alignment with XDuce to create new opportunities.
Key Highlights
- 1
DEV IT reported consolidated total income of approximately ₹45 Cr for Q1 FY27.
- 2
For Q1 FY27, standalone total income stood at ₹32.80 Cr, while consolidated total income was ₹44.64 Cr.
- 3
EBITDA margin for Q1 FY27 was 8.93% on a consolidated basis.
- 4
Net profit for Q1 FY27 was ₹2.11 Cr on a consolidated basis.
- 5
The company secured orders from government entities during the quarter, reinforcing its presence in government-led digital transformation initiatives.
- 6
DEV IT continues to focus on delivering integrated technology solutions and expanding capabilities in AI, cybersecurity, and cloud.
Management Comments
Pranav Pandya
Q1 FY27 marked a period of continued execution for Dev Information Technology as we remained focused on strengthening our capabilities across cloud services, digital transformation, enterprise applications and managed IT services. During the quarter, the Company continued to secure orders from government entities, reinforcing our presence in government-led digital transformation initiatives. We continue to focus on delivering integrated technology solutions, improving operational efficiency and expanding our capabilities in areas such as AI, cybersecurity and cloud. With a growing portfolio of technology solutions and continued demand for digital transformation, we remain focused on sustainable growth and strengthening our business capabilities. The strategic alignment with XDuce is expected to create opportunities through the combination of XDuce’s client relationships and market presence in North America and the UK with DEV IT’s engineering capabilities and global delivery infrastructure. The technology sector continues to see adoption across areas such as cloud, AI, cybersecurity, digital transformation and managed IT services. Government digitisation and enterprise technology modernisation are also contributing to demand across these segments.
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