Dev Information Technology (DEV IT) has secured a significant work order worth Rs 2.4 crore from National Informatics Centre Services (NICSI) for the development of application software and a website.
National Informatics Centre Services is a Government of India undertaking project of Lok Sabha Secretariat. The contract entails the design, development, implementation, and maintenance of application software and a website.
The order is expected to be executed within a time period of approximately 9 months to 1 year. The broad consideration of the contract is approximately Rs 2.4 crore.
Dev Information Technology is a technology solution provider helping companies in their digital transformation from advisory to execution, backed by expert applications and infrastructure management.
The company's consolidated net profit added 1.77% to Rs 1.72 crore on a 50.36% rise in revenue from operations to Rs 47.71 crore in Q3 FY25 over Q3 FY24.
Shares of Dev Information Technology (DEV IT) rose 0.31% to Rs 129.45 on the BSE.
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