Dev Information Technology standalone net profit rises 58.51% in the March 2024 quarter

Image
Last Updated : May 25 2024 | 9:13 AM IST

Sales decline 10.05% to Rs 37.68 crore

Net profit of Dev Information Technology rose 58.51% to Rs 3.82 crore in the quarter ended March 2024 as against Rs 2.41 crore during the previous quarter ended March 2023. Sales declined 10.05% to Rs 37.68 crore in the quarter ended March 2024 as against Rs 41.89 crore during the previous quarter ended March 2023.

For the full year,net profit rose 0.57% to Rs 8.77 crore in the year ended March 2024 as against Rs 8.72 crore during the previous year ended March 2023. Sales rose 28.95% to Rs 157.28 crore in the year ended March 2024 as against Rs 121.97 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales37.6841.89 -10 157.28121.97 29 OPM %14.787.76 -8.105.13 - PBDT5.693.45 65 12.9512.03 8 PBT5.333.12 71 11.7110.82 8 NP3.822.41 59 8.778.72 1

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 25 2024 | 7:43 AM IST

Next Story