Dev Information Technology Limited (BOM: 543462)

Dev Information Technology Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	1,466	1,636	1,242	998.23	846.38	685.42
Other Revenue	-	-	-0	-	-	-
Revenue	1,466	1,636	1,242	998.23	846.38	685.42
Revenue Growth (YoY)	-8.39%	31.75%	24.37%	17.94%	23.48%	-9.60%
Cost of Revenue	1,264	1,436	1,122	892.29	765.72	578.33
Gross Profit	201.21	200.1	119.39	105.94	80.66	107.09
Selling, General & Admin	9.68	9.68	10.52	4.48	8.3	-
Other Operating Expenses	57.98	52.72	39.08	45.61	33.15	58.23
Operating Expenses	91.39	76.39	62.08	68.28	62.73	78.58
Operating Income	109.82	123.71	57.31	37.66	17.92	28.51
Interest Expense	-20.47	-12.33	-9.6	-7.09	-8.76	-11.67
Interest & Investment Income	5.7	5.7	6.17	6.46	5.02	3.67
Earnings From Equity Investments	-	-	-	-11.85	-3.51	0.25
Currency Exchange Gain (Loss)	2.2	2.2	5.27	-3.84	-2.28	-1.03
Other Non Operating Income (Expenses)	123.69	5.65	-3.47	-1.67	2.17	2
EBT Excluding Unusual Items	220.94	124.94	55.68	19.66	10.57	21.73
Impairment of Goodwill	-	-	-	-	-	34.11
Gain (Loss) on Sale of Investments	-	-	56.88	-	-10.27	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.2	0.22
Other Unusual Items	-	-	-	-	-	-18.32
Pretax Income	220.94	124.94	112.56	19.66	0.5	37.74
Income Tax Expense	42.72	30.18	22.35	20.37	4.26	-0.19
Earnings From Continuing Operations	178.22	94.76	90.21	-0.71	-3.76	37.93
Minority Interest in Earnings	-0.62	-1.88	-0.46	2.05	0.56	-0.94
Net Income	177.6	92.88	89.75	1.34	-3.2	37
Net Income to Common	177.6	92.88	89.75	1.34	-3.2	37
Net Income Growth	83.02%	3.49%	6597.39%	-	-	-15.36%
Shares Outstanding (Basic)	22	22	22	22	22	22
Shares Outstanding (Diluted)	22	22	22	22	22	22
Shares Change (YoY)	-0.75%	0.17%	0.54%	-0.01%	0.01%	-
EPS (Basic)	7.95	4.19	4.06	0.06	-0.14	1.68
EPS (Diluted)	7.95	4.18	4.04	0.06	-0.14	1.68
EPS Growth	84.40%	3.40%	6561.63%	-	-	-15.38%
Free Cash Flow	-172.46	-27.84	-29.3	42.62	50.94	18.52
Free Cash Flow Per Share	-7.72	-1.25	-1.32	1.93	2.31	0.84
Dividend Per Share	-	0.250	0.250	0.250	0.125	0.125
Dividend Growth	-	0%	0%	100.00%	0%	0%
Gross Margin	13.73%	12.23%	9.62%	10.61%	9.53%	15.62%
Operating Margin	7.49%	7.56%	4.62%	3.77%	2.12%	4.16%
Profit Margin	12.12%	5.68%	7.23%	0.13%	-0.38%	5.40%
Free Cash Flow Margin	-11.77%	-1.70%	-2.36%	4.27%	6.02%	2.70%
EBITDA	129.35	133.5	66.56	52.68	35.99	47.06
EBITDA Margin	8.82%	8.16%	5.36%	5.28%	4.25%	6.87%
D&A For EBITDA	19.53	9.79	9.25	15.02	18.07	18.56
EBIT	109.82	123.71	57.31	37.66	17.92	28.51
EBIT Margin	7.49%	7.56%	4.62%	3.77%	2.12%	4.16%
Effective Tax Rate	19.33%	24.16%	19.86%	103.61%	858.67%	-
Revenue as Reported	1,599	1,651	1,311	1,009	855.72	693.98
Advertising Expenses	-	2.73	4.98	3.23	1.84	-

Source: S&P Capital IQ. Standard template. Financial Sources.