Dev Information Technology announced its standalone and consolidated HY1 financial result of FY201920 showing fall in revenue and profit margins.

Company : Dev Information Technology Limited

As per the information provided by Dev Information Technology, the board also approved its financial results for the half year ended September, 2019 marking depreciation of Rs.72 lacs in total revenue as compared to a year ago period.

Following are the HY1 standalone financials at Dev Information Technology in FY19-20

- The revenue was Rs.26.97 crore as compared to Rs.30.93 crore in the same period a year ago.

- Earning per share for the current half year was Rs.-2.10 while in a year ago period it was Rs.3.73

- Net profit of Rs.2.25 crore whereas previous year same period it was Rs.2.06 crore.

By the end of financial year 2018-19, Dev Information Technology earned total revenue of Rs.73.31 crore and PAT stood at Rs.4.35 crore.

Following are the consolidated HY1 financial figures of FY2019-20 at Dev Information Technology:

- Total revenue earned is Rs.28.13 crore while previous year same period it was Rs.53.05 crore.

- Earnings per share Rs.-1.99 as compared to Rs.2.86 in a year ago period.

- Net profit of Rs.2.31 crore as against Rs.1.58 crore in the corresponding period last year.

The total consolidated revenue at Dev Information Technology in the financial year 2018-19 was Rs.78.18 crore and PAT was Rs.4.38 crore.

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