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Dev Information Tech - Quaterly Results

03 Feb 2023 Evaluate
The sales is pegged at Rs. 269.28 millions for the December 2022 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 290.80 millions during the year-ago period.Net Profit for the quarter ended December 2022 zoomed to 223.95% from Rs. 10.48 millions to Rs. 33.95  millions.The company reported a good operating profit of 49.93 millions compared to 19.32 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 269.28 290.80 -7.40 800.85 672.76 19.04 990.28 843.25 17.44
Other Income 58.31 2.80 1982.50 65.71 5.81 1030.98 10.30 5.27 95.45
PBIDT 49.93 19.32 158.44 95.81 42.74 124.17 64.65 33.94 90.48
Interest 4.37 0.81 439.51 9.93 5.53 79.57 8.28 9.93 -16.62
PBDT 45.56 18.51 146.14 85.88 37.21 130.80 56.37 24.01 134.78
Depreciation 2.94 3.25 -9.54 8.81 12.83 -31.33 18.10 21.27 -14.90
PBT 42.62 15.26 179.29 77.07 24.38 216.12 38.27 2.74 1296.72
TAX 8.67 4.78 81.38 13.90 9.92 40.12 19.13 4.26 349.06
Deferred Tax 0.63 1.34 -52.99 -3.60 2.98 -220.81 5.37 -1.52 -453.29
PAT 33.95 10.48 223.95 63.17 14.46 336.86 19.14 -1.52 -1359.21
Equity 110.42 110.41 0.01 110.42 110.41 0.01 110.41 55.21 99.98
PBIDTM(%) 18.54 6.64 179.09 11.96 6.35 88.32 6.53 4.02 62.20
Peers
Company Name CMP
TCS 2060.50
Infosys 988.90
HCL Technologies 1237.90
Wipro 159.50
Tech Mahindra 1536.50
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