Dev Information Technology Ltd Share Price – NSE  /  BSE

IT - Software, Small Cap

Dev Information Technology will hold a meeting of the Board of Directors of the Company on 5 August 2024.

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Dev Information Technology has secured noteworthy orders cumulatively worth Rs 8 crore approximately. These work orders are towards providing SQL Server Enterprise & Windows Server for further enabling Gujarat Chief Minister Office's Dashboard Application and various other key software solution applications specific to quite a few other Departments of the Gujarat Government hosted in Gujarat State Data Centre.

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Dev Information Technology announced that the Board of Directors of the Company at its meeting held on 24 May 2024, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Net profit of Dev Information Technology rose 24.70% to Rs 4.14 crore in the quarter ended March 2024 as against Rs 3.32 crore during the previous quarter ended March 2023. Sales declined 1.85% to Rs 43.44 crore in the quarter ended March 2024 as against Rs 44.26 crore during the previous quarter ended March 2023.

For the full year,net profit rose 3.57% to Rs 9.29 crore in the year ended March 2024 as against Rs 8.97 crore during the previous year ended March 2023. Sales rose 31.75% to Rs 163.58 crore in the year ended March 2024 as against Rs 124.16 crore during the previous year ended March 2023.

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