Dev Information Technology Limited — Important, 30-05-2025: Updates

Dev Information Technology reported a 56% rise in consolidated net profit for FY25, backed by an 11% increase in total income to ₹1839.09 Mn and a 55% jump in EBITDA to ₹237.18 Mn. Improved margins reflect operational efficiencies. The company secured major IT modernization and cybersecurity contracts from government entities and international clients, highlighting strong demand in cloud, digital transformation, and managed services. Associate Dev Accelerator Limited (DevX) is pursuing an IPO, signaling further growth plans.