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flag Dev IT's profit surged 526% in H1 FY26, driven by a one-time gain, despite a sharp EBITDA drop and new contracts globally.

flag Dev Information Technology reported a 10.32% year-on-year increase in consolidated total income to INR 92.64 crore for the first half of fiscal year 2026, with net profit soaring 526.10% to INR 74.06 crore, largely due to an exceptional gain of INR 92.36 crore. flag Despite a 54.62% drop in EBITDA to INR 7.85 crore, the company secured new enterprise and government contracts, expanded its international presence through partnerships in the US, Canada, Australia, and Europe, and advanced investments in AI, cybersecurity, blockchain, and data center technologies.

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