Dev Labtech Venture Ltd — Results, 22-05-2025: Result

Dev Labtech Venture Limited has announced a board meeting on which it approved the financial results for the quarter and half-year. The company reported consolidated revenue from operations of ₹52.41 Cr, up from ₹43.22 Cr in the previous year. Profit before tax was ₹1.85 Cr, largely unchanged year-on-year. Net profit stood at ₹1.29 Cr versus ₹1.34 Cr previously. Operating expenses increased primarily due to higher raw material consumption linked to its lab-grown diamond manufacturing business. The company’s balance sheet strengthened with shareholders’ funds rising to ₹40.38 Cr from ₹28.67 Cr. Cash flow from operations remained negative due to working capital changes. The audit was completed with an unmodified opinion.