DEVX Dev Accelerator Q2 FY26 results (Jul–Sep 2025) and concall
Dev Accelerator Limited (DEVX) reported robust H1 FY26 results, with revenue growing 80% YoY to ₹107.47 crores and EBITDA up 64% YoY to ₹52.82 crores. The company significantly deleveraged, reducing debt to ₹11.10 crores. Strategic expansion into Tier 2 cities is underway, highlighted by a large Ahmedabad center achieving 95% pre-launch occupancy. While PAT margins were impacted by non-core income fluctuations, core operational profitability remains strong, and the company provided optimistic revenue and seat capacity guidance for FY26 and FY27.
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What they filed
Q2 FY26: revenue up 50.4%, net profit down 71.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 34 | 50 | 65 | 56 | 52 +50% |
| EBITDA | 18 | 24 | 31 | 26 | 26 +46% |
| Net profit | 6 | 1 | 2 | 0 | 2 −72% |
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.
