DEVIT Dev Information Technology Q2 FY26 results (Jul–Sep 2025) and concall
Dev Information Technology Limited reported a mixed Q2 FY26, with a substantial increase in net profit driven by an exceptional gain from its DevX subsidiary's public issue, despite a significant decline in EBITDA due to strategic investments in AI, blockchain, and cybersecurity. The company emphasized its focus on the India market for sustainability and asset creation, while also noting good traction and expansion plans in North America. Management acknowledged ongoing pricing pressures and the need to adapt to new labor codes.
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What they filed
Q2 FY26: revenue up 35.0%, net profit up 786.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 36 | 48 | 52 | 43 | 49 +35% |
| EBITDA | -1 | 3 | 3 | 4 | 3 +391% |
| Net profit | 8 | 2 | 1 | 2 | 72 +786% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
