Dev Information Technology Ltd Share Price – NSE /  BSE

IT - Software, Small Cap

Dev Information Technology announced that the Board of Directors of the Company at its meeting held on 29 May 2025, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Net profit of Dev Information Technology declined 70.53% to Rs 1.22 crore in the quarter ended March 2025 as against Rs 4.14 crore during the previous quarter ended March 2024. Sales rose 18.67% to Rs 51.55 crore in the quarter ended March 2025 as against Rs 43.44 crore during the previous quarter ended March 2024.

For the full year,net profit rose 60.06% to Rs 14.87 crore in the year ended March 2025 as against Rs 9.29 crore during the previous year ended March 2024. Sales rose 4.33% to Rs 170.66 crore in the year ended March 2025 as against Rs 163.58 crore during the previous year ended March 2024.

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Dev Information Technology will hold a meeting of the Board of Directors of the Company on 29 May 2025.

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The National Informatics Centre (NIC) comes under the Ministry of Electronics and Information Technology, Government of India.

The first order, awarded by NIC, is for the development, customization, implementation, and maintenance of the IT system and software application for the Rajasthan Mahila Credit Cooperative Federation. The quoted amount for this project is Rs 3.28 crore, and it is expected to be completed within approximately 3 years.

The second order was also received from NIC for the development of the CM Kisan & Gopal Credit Card Schemes modules under the Cooperative Management System 2.0 (Raj Sahakar), totaling Rs 52 lakh. It is expected to be completed within approximately 2 years.

Dev Information Technology (DEV IT) is a technology solution provider helping companies in their digital transformation from advisory to execution, backed by expert applications and infrastructure management.

The company's consolidated net profit added 1.77% to Rs 1.72 crore on a 50.36% rise in revenue from operations to Rs 47.71 crore in Q3 FY25 over Q3 FY24.

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