DEV Data Know-how 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 undertaking, which spans roughly 9 months, contains design, improvement, implementation, and upkeep companies.
The shares of DEV Data Know-how Restricted had been buying and selling at ₹132.01 up by ₹6.55 or 5.22 per cent on the NSE at the moment at 2.30 pm.
The Ahmedabad-based IT firm secured this contract amid competitors from a number of firms empanelled underneath the Nationwide Informatics Centre (NIC) in Delhi. In keeping with Pranav Pandya, Founder & Chairman of DEV IT, this undertaking 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 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 Degree 3 certifications, DEV IT has advanced from a small-scale enterprise automation supplier to a worldwide IT companies firm.
