DEV Info Know-how Restricted has gained a ₹1.48 crore contract from the Rajya Sabha Secretariat to develop utility software program and a web site, the corporate introduced on February 21, 2025. The venture, which spans roughly 9 months, consists of design, growth, implementation, and upkeep providers.
The shares of DEV Info Know-how Restricted have been buying and selling at ₹132.01 up by ₹6.55 or 5.22 per cent on the NSE right this moment at 2.30 pm.
The Ahmedabad-based IT firm secured this contract amid competitors from a number of firms empanelled beneath the Nationwide Informatics Centre (NIC) in Delhi. Based on Pranav Pandya, Founder & Chairman of DEV IT, this venture will strengthen the corporate’s place within the e-governance sector and create alternatives for future authorities collaborations.
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DEV IT, established in 1997 and listed on each NSE and BSE, supplies numerous IT providers together with cloud providers, digital transformation, enterprise purposes, and managed IT providers. The corporate maintains workplaces throughout a number of places in India and Canada.
The corporate’s monetary efficiency in FY24 confirmed income of ₹165.12 crore, EBITDA of ₹15.31 crore, and PAT of ₹9.48 crore. With ISO 20000, ISO 27001, ISO 9001, and CMMi Degree 3 certifications, DEV IT has developed from a small-scale enterprise automation supplier to a worldwide IT providers firm.
