DEV Info Expertise Restricted has received a ₹1.48 crore contract from the Rajya Sabha Secretariat to develop utility software program and an internet site, the corporate introduced on February 21, 2025. The challenge, which spans roughly 9 months, consists of design, growth, implementation, and upkeep companies.
The shares of DEV Info Expertise Restricted have been buying and selling at ₹132.01 up by ₹6.55 or 5.22 per cent on the NSE immediately at 2.30 pm.
The Ahmedabad-based IT firm secured this contract amid competitors from a number of corporations empanelled below the Nationwide Informatics Centre (NIC) in Delhi. In keeping with Pranav Pandya, Founder & Chairman of DEV IT, this challenge will strengthen the corporate’s place within the e-governance sector and create alternatives for future authorities collaborations.
- Additionally learn: I&B Ministry asks OTT platforms to strictly adhere to code of ethics
DEV IT, established in 1997 and listed on each NSE and BSE, gives varied IT companies together with cloud companies, digital transformation, enterprise purposes, and managed IT companies. 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 Stage 3 certifications, DEV IT has advanced from a small-scale enterprise automation supplier to a worldwide IT companies firm.
