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Dev Information Technology Ltd Q1FY24; 8% rise in Profits

Established in 1997, Dev Information Technology Ltd. is an end-to-end Technology Solutions Provider delivering Digital Transformation leveraging Cloud, Automation, and Data technologies.

Financial Results:

Dev Information Technology Ltd reported Revenues for Q1FY24 of ₹60.46 Crores up from ₹26.57 Crore year on year, a rise of 127.55%.

Total Expenses for Q1FY24 of ₹58.00 Crores up from ₹25.20 Crores year on year, a rise of 130.16%.

Consolidated Net Profit of ₹1.83 Crores up 8.28% from ₹1.69 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.82, up 12.33% from ₹0.73 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Technology
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