Strong financial surge: DEV IT’s impressive 18.62% net profit growth in FY 2018.
Dev Information Technology Limited (DEV IT) showcases robust financial health! Our FY 2017-18 performance reveals an impressive 18.62% leap in net profit, scaling to Rs 3.44 crore from last year’s Rs 2.90 crore. The upward trajectory doesn’t stop there. Our total income rose by 18.39%, reaching Rs 67.32 crore against the previous year’s Rs 56.86 crore. Highlighting our operational efficiency, the EBIDTA witnessed a surge of 33.02%, amounting to Rs 8.54 crore compared to Rs 6.42 crore in the prior year. As a testament to our flourishing year and in appreciation of your trust, we recommend a dividend of Rs 0.50 per equity share for FY 2018.
