Dev Information Technology Q2 FY27: net profit down 96% to ₹2.96 crore, revenue up 29%
Dev Information Technology (DEVIT) said it has published its Q2 FY27 results (consolidated), reporting revenue of ₹62.63 crore (+29.1% year on year), net profit of ₹2.96 crore (−95.9%), earnings per share of ₹0.52. The company is valued at about ₹117 crore.
What happened
In a filing with the BSE on 12 November 2026 at 05:22 PM, Dev Information Technology (DEVIT) said that it has published its Q2 FY27 results (consolidated), reporting revenue of ₹62.63 crore (+29.1% year on year), net profit of ₹2.96 crore (−95.9%), earnings per share of ₹0.52.
Company snapshot
Dev Information Technology is a micro-cap company, with a market value of about ₹117 crore.
The stock last traded at ₹20.59, against a 52-week range of ₹17.05–₹44 (53.2% below the high).
Before this filing the shares had moved +6.2% over the month and −22.9% over three months. Average daily turnover over the last 20 sessions was about ₹0.05 crore.
Promoters held 41.12% at the end of Q2 FY27, down 0.46% points from the previous quarter. Foreign institutions owned 0.27% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 49 | 71.9 | 12.75 |
| Q3 FY26 | 44 | -7.3 | -1.3 |
| Q4 FY26 | 54 | 9.1 | 1.59 |
| Q1 FY27 | 44 | 2.1 | 0.37 |
| Q2 FY27 | 63 | 3 | 0.52 |
What history shows
This is not the company's first results disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.
Market-wide, 11,631 results filings with an impact score of 50 or more saw an average next-day move of −0.3%, with 43% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Management commentary, margins and order book or guidance in the investor presentation.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.