DEV Information Technology Ltd
NSE:DEVIT
Income Statement
Earnings Waterfall
DEV Information Technology Ltd
Income Statement
DEV Information Technology Ltd
| Mar-2020 | Sep-2020 | Mar-2021 | Sep-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Interest Expense |
12
|
0
|
9
|
0
|
7
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
17
|
0
|
0
|
0
|
|
| Revenue |
685
N/A
|
794
+16%
|
846
+7%
|
851
+1%
|
998
+17%
|
1 264
+27%
|
1 132
-10%
|
1 406
+24%
|
1 242
-12%
|
1 580
+27%
|
1 600
+1%
|
1 644
+3%
|
1 636
-1%
|
1 386
-15%
|
1 466
+6%
|
1 625
+11%
|
1 707
+5%
|
1 782
+4%
|
1 908
+7%
|
1 872
-2%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(251)
|
(379)
|
(418)
|
(358)
|
(443)
|
(554)
|
(532)
|
(674)
|
(607)
|
(885)
|
(834)
|
(791)
|
(714)
|
(389)
|
(459)
|
(574)
|
(666)
|
(762)
|
(878)
|
(891)
|
|
| Gross Profit |
435
N/A
|
415
-4%
|
429
+3%
|
493
+15%
|
556
+13%
|
710
+28%
|
600
-15%
|
732
+22%
|
634
-13%
|
696
+10%
|
766
+10%
|
853
+11%
|
922
+8%
|
997
+8%
|
1 006
+1%
|
1 051
+4%
|
1 041
-1%
|
1 020
-2%
|
1 030
+1%
|
981
-5%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(407)
|
(370)
|
(411)
|
(475)
|
(526)
|
(663)
|
(555)
|
(707)
|
(578)
|
(628)
|
(696)
|
(742)
|
(799)
|
(851)
|
(897)
|
(940)
|
(966)
|
(967)
|
(935)
|
(984)
|
|
| Selling, General & Administrative |
(326)
|
(324)
|
(344)
|
(400)
|
(448)
|
(573)
|
(476)
|
(611)
|
(513)
|
(557)
|
(624)
|
(666)
|
(774)
|
(766)
|
(802)
|
(837)
|
(919)
|
(845)
|
(813)
|
(846)
|
|
| Depreciation & Amortization |
(20)
|
(21)
|
(21)
|
(21)
|
(18)
|
(21)
|
(14)
|
(17)
|
(12)
|
(12)
|
(12)
|
(13)
|
(14)
|
(19)
|
(24)
|
(27)
|
(30)
|
(30)
|
(30)
|
(34)
|
|
| Other Operating Expenses |
(60)
|
(24)
|
(47)
|
(54)
|
(60)
|
(70)
|
(65)
|
(78)
|
(52)
|
(59)
|
(60)
|
(63)
|
(11)
|
(66)
|
(71)
|
(75)
|
(16)
|
(92)
|
(92)
|
(103)
|
|
| Operating Income |
28
N/A
|
46
+66%
|
17
-63%
|
19
+9%
|
30
+62%
|
47
+57%
|
45
-4%
|
25
-45%
|
57
+127%
|
68
+19%
|
70
+4%
|
111
+59%
|
124
+11%
|
146
+18%
|
110
-25%
|
112
+2%
|
75
-33%
|
52
-30%
|
94
+80%
|
(3)
N/A
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
(12)
|
(11)
|
(12)
|
(10)
|
(19)
|
(25)
|
(23)
|
(28)
|
47
|
(14)
|
(14)
|
(13)
|
(4)
|
(16)
|
(22)
|
(24)
|
111
|
(26)
|
(23)
|
(24)
|
|
| Non-Reccuring Items |
16
|
(18)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
935
|
935
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
|
| Total Other Income |
6
|
9
|
7
|
9
|
9
|
15
|
14
|
75
|
9
|
68
|
70
|
12
|
6
|
16
|
133
|
135
|
(6)
|
134
|
18
|
21
|
|
| Pre-Tax Income |
38
N/A
|
26
-32%
|
12
-52%
|
18
+45%
|
20
+11%
|
37
+88%
|
37
0%
|
72
+96%
|
113
+56%
|
122
+8%
|
126
+3%
|
111
-12%
|
125
+13%
|
146
+17%
|
221
+51%
|
223
+1%
|
181
-19%
|
161
-11%
|
1 024
+537%
|
929
-9%
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
0
|
(2)
|
(5)
|
(8)
|
(20)
|
(21)
|
(20)
|
(29)
|
(22)
|
(30)
|
(29)
|
(23)
|
(30)
|
(32)
|
(43)
|
(44)
|
(33)
|
(28)
|
(254)
|
(252)
|
|
| Income from Continuing Operations |
38
|
24
|
8
|
9
|
(1)
|
16
|
16
|
43
|
90
|
92
|
97
|
88
|
95
|
114
|
178
|
179
|
148
|
132
|
770
|
678
|
|
| Income to Minority Interest |
(1)
|
(3)
|
1
|
1
|
2
|
1
|
4
|
6
|
(0)
|
0
|
(1)
|
(3)
|
(2)
|
(4)
|
(1)
|
(1)
|
1
|
2
|
(1)
|
1
|
|
| Net Income (Common) |
37
N/A
|
21
-43%
|
8
-61%
|
10
+22%
|
1
-87%
|
18
+1 207%
|
21
+17%
|
49
+139%
|
90
+83%
|
92
+2%
|
96
+5%
|
85
-12%
|
93
+10%
|
110
+19%
|
178
+61%
|
178
+0%
|
149
-16%
|
134
-10%
|
769
+472%
|
679
-12%
|
|
| EPS (Diluted) |
0.67
N/A
|
3.78
+464%
|
0.14
-96%
|
0.45
+221%
|
0.02
-96%
|
0.33
+1 550%
|
0.33
N/A
|
1.77
+436%
|
1.62
-8%
|
3.35
+107%
|
1.73
-48%
|
1.53
-12%
|
1.67
+9%
|
1.93
+16%
|
3.15
+63%
|
3.17
+1%
|
2.64
-17%
|
2.37
-10%
|
13.65
+476%
|
12.15
-11%
|
|