DEVIT Income Statement - DEV Information Technology Ltd - Alpha Spread

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Price: 18.23 INR 3.93%

Market Cap: ₹1B

Metric	FY2017 Mar 2017	FY2018 Mar 2018	FY2019 Mar 2019	FY2020 Mar 2020	FY2021 Mar 2021	FY2022 Mar 2022	FY2023 Mar 2023	FY2024 Mar 2024	FY2025 Mar 2025	FY2026 Mar 2026
Revenue	639.2m	695.9m	758.2m	685.4m	846.4m	998.2m	1.2B	1.6B	1.7B	1.9B
Cost of Revenue	(367m)	(368m)	(324.4m)	(250.9m)	(417.8m)	(442.7m)	(607.1m)	(713.5m)	(665.7m)	(850.7m)
Gross Profit	272.2m	327.8m	433.9m	434.5m	428.6m	555.6m	634.5m	922.3m	1B	1B
Operating Expenses	(215.7m)	(259.5m)	(373.2m)	(407.1m)	(411.5m)	(525.6m)	(577.7m)	(798.5m)	(965.7m)	(1B)
Selling, General & Administrative	(172m)	(190.5m)	(284.1m)	(326.3m)	(344.1m)	(447.8m)	(512.8m)	(773.6m)	(919.4m)	(1B)
Depreciation & Amortization	(7.5m)	(17.5m)	(17.9m)	(20.4m)	(20.8m)	(18.2m)	(12.5m)	(14m)	(30.4m)	(32.7m)
Other Operating Expenses	(36m)	(51.5m)	(71.4m)	(60.4m)	(46.6m)	(59.6m)	(52.4m)	(10.9m)	(15.9m)	(4.5m)
Operating Income	56.6m	68.3m	60.6m	27.5m	17.1m	30m	56.8m	123.7m	75.3m	4m
Net Interest Income (Expense)	(14.7m)	(12.2m)	(13.9m)	(11.7m)	(12.2m)	(18.9m)	47.3m	(4.4m)	111.4m	928.2m
Interest Expense	14.7m	8.2m	13.9m	11.7m	8.7m	7.1m	9.6m	12.3m	16.9m	22.8m
Non-Recurring Items	(700k)	—	18m	15.8m	0	—	—	—	—	—
Gain/Loss on Disposition of Assets	—	200k	300k	200k	195.6k	0	—	—	(95k)	9.7m
Total Other Income	3.5m	(1.4m)	2.7m	5.9m	7.2m	8.6m	8.5m	5.7m	(5.9m)	5.5m
Pre-Tax Income	44.6m	55m	67.6m	37.7m	12.3m	19.7m	112.6m	124.9m	180.8m	947.5m
Tax Provision	(14.8m)	(15.4m)	(23.8m)	200k	(4.7m)	(20.4m)	(22.4m)	(30.2m)	(33m)	(191.5m)
Income from Continuing Operations	29.9m	39.6m	43.8m	37.9m	7.6m	(709k)	90.2m	94.8m	147.8m	756m
Income to Minority Interest	—	(1.4m)	(100k)	(900k)	560.5k	2m	(463k)	(1.9m)	932k	1.8m
Net Income	29.9m	38.3m	43.7m	37m	8.2m	1.3m	89.7m	92.9m	148.7m	757.8m
EPS (Diluted)	0.74	0.69	0.79	0.67	0.14	0.02	1.62	1.67	2.64	13.29

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