NSEPress Release6d ago · 14 Aug 2026, 02:25 pm
Press Release
Dev Information Technology Limited · DEVIT
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Dev Information Technology Limited has reported its unaudited financials for Q1 FY27, with consolidated total income of ₹44.64 Cr, EBITDA of ₹3.99 Cr, and net profit of ₹2.11 Cr.
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Growth Catalyst4/10
Governance Concern1/10
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Liquidity Impact8/10
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Full Announcement
Dev Information Technology Limited has informed the Exchange regarding a press release dated August 14, 2026, titled "Announcement Related Press Release".
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Dev Information Technology Limited
Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing,
Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380 059. (INDIA)
Phone: +91 94298 99852 / 53
www.devitpl.com | info@devitpl.com
Offices: Gujarat | Maharashtra | Rajasthan | Canada
CIN: L30000GJ1997PLC033479
Date:14th August, 2026
To, To,
The Manager-Listing Department, The Secretary,
The National Stock Exchange of India BSE Limited
Limited, Phiroze Jejeebhoy Towers,
Exchange Plaza, Plot No. C/1, G-Block, Dalal Street
Bandra Kurla complex,Bandra East, Mumbai -400001
Mumbai-400 051
Trading Symbol: 543462
Trading Symbol: DEVIT
Subject: Press Release:
Ref.: Regulation 30 (Disclosure of event or information) of Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 we are enclosing herewith the copy of the press release titled “DEV IT
Reports Q1 FY27 Consolidated Total Income of ~₹45 Cr, Sustaining Business Momentum
with Continued Order Wins”.
Kindly take the above information on your records.
Thanking you,
On behalf of Board of Directors
DEV INFORMATION TECHNOLOGY LIMITED
Krisa Shah
(Company Secretary and Compliance Officer)
Place: Ahmedabad
Encl.: a/a
Cloud | Managed IT | Digital | Enterprise | Business | Mobile
Services Services Transformation Applications Applications Applications
DEV IT Reports Q1 FY27 Consolidated Total Income of ~₹45 Cr, Sustaining
Business Momentum with Continued Order Wins
Ahmedabad – August 13, 2026 – Dev Information Technology Limited (DEV IT), (NSE – DEVIT, BSE -
543462 | INE060X01034), a global IT services company offering Cloud Services, Digital Transformation,
Enterprise Applications, and Managed IT Services has reported its Unaudited financials for Q1 FY27.
Key Financial Highlights
Standalone Consolidated
Particulars (₹ Cr) Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26
Total Income 32.80 35.69 44.64 43.46
EBITDA 2.48 3.27 3.99 4.03
EBITDA Margin (%) 7.57% 9.17% 8.93% 9.27%
Net Profit 1.31 1.75 2.11 2.18
Net Profit Margin (%) 3.99% 4.91% 4.72% 5.02%
Commenting on the Financial Performance Mr. Pranav Pandya, Chairman, Dev Information
Technology Limited, said: “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.”
About Dev Information Technology Limited
Dev Information Technology Limited (DEV IT), founded in 1997, listed on NSE & BSE, and certified to ISO
20000, ISO 27001, ISO 9001 & CMMI Level 5, has evolved from a small-scale business automation software
solutions provider into a global IT services powerhouse. Over the years, the company has empowered
businesses worldwide with a blend of information technology, innovation, and digital transformation.
Headquartered in Ahmedabad, with offices across India and Canada, the company emphasises
continuous innovation, quality, streamlined processes, and technological prowess. The company’s people-
and client-centric approach involves collaborating with clients globally to understand their specific goals
and to empower them to achieve their business objectives.
The company offers a comprehensive end-to-end range of services, including Cloud Services, Digital
Transformation, Enterprise Applications, Managed IT Services, and Application Development. The
company’s products comprise Talligence, an accounting data analytics platform, and ByteSigner, a digital
signing solution.
With its foundation in one of India’s fastest-growing metros, the company has continuously evolved to
meet the dynamic demands of the IT industry. The leadership, comprising experienced professionals,
drives the company towards achieving its vision of empowering businesses worldwide through cutting-
edge technology solutions. The company's steadfast commitment to innovation, quality, and client
satisfaction underpins its growth and success in the IT services sector.
In conclusion, the company remains dedicated to driving digital transformation and delivering
unparalleled value to its clients. As the company moves forward, it continues to embrace new challenges
and opportunities, solidifying its position as a leader in the IT services sector. www.devitpl.com
In Consolidated FY26, the company reported Total Income of ₹193.50, EBITDA of ₹7.23 and Net Profit of
₹75.60.
Disclaimer
Certain statements in this document that are not historical facts are forward looking statements. Such
forward-looking statements are subject to certain risks and uncertainties like government actions, local,
political or economic developments, technological risks, and many other factors that could cause actual
results to differ materially from those contemplated by the relevant forward-looking statements. The
Company will not be in any way responsible for any action taken based on such statements and
undertakes no obligation to publicly update these forward-looking statements to reflect subsequent
events or circumstances.
For Further Information Please Contact
Kirin Advisors Private Limited
Sunil Mudgal – Director
sunil@kirinadvisors.com
+91 98692 75849
www.kirinadvisors.com