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News Details

( As on 08/10/2025 10:00)

Dev Accelerator posts Q1 net profit of Rs 0.40 cr

The company reported standalone net profit during the quarter stood at Rs 0.40 crore compared to net loss of Rs 6.09 crore in the previous year quarter.

Net revenue of the company rose substantially by 60.58 per cent at Rs 38.94 crore in April-June quarter of this fiscal as against Rs 24.25 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 31.72 per cent to Rs 13.58 crore from Rs 10.31 crore in year ago period.

Other Income grew by 1380.00 per cent at Rs 2.22 crore versus (Jun'24 Rs 0.15 crore).

Operating Profit surged by 81.79 per cent to Rs 25.36 crore as against Rs 13.95 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.25 per cent in June quarter.

Interest grew by 38.74 per cent y-o-y to Rs 12.14 crore, while Taxation increased by 74.19 per cent at Rs 0.54 crore (Jun'24 Rs 0.31 crore).