Corporate Actions
Dev IT gains on bagging Rs 26-cr order

10-Apr-26   13:36 Hrs IST
The order pertains to the National Pharmacists Registration Tracking System (NPRTS) under the Pharmacy Council of India (PCI).

The project scope includes design, development, system integration, and maintenance of the platform, along with the implementation of cybersecurity measures for the existing IT infrastructure. The company will develop a centralized, web-based system aimed at streamlining pharmacist registration and tracking across the country.

The contract has been awarded on a fixed-cost basis and is expected to be executed over a period of approximately three years, offering medium-term revenue visibility.

Commenting on its outlook, the company said it continues to build momentum in government and enterprise digital transformation initiatives, backed by its capabilities in cloud, cybersecurity, and enterprise solutions. It added that it is strengthening its order pipeline and positioning itself in long-duration, high-value engagements.

Pranav Pandya, Chairman, Dev Information Technology, said, 'This mandate reflects our capability to deliver large-scale, integrated digital solutions with strong execution discipline and reliability. We remain focused on scaling our presence in high-value digital infrastructure programs and driving sustainable growth.'

Dev Information Technology (Dev IT) is in the business of providing IT-enabled services, offering solutions across cloud services, digital transformation, enterprise applications, and managed IT services. Its product portfolio includes offerings such as Talligence and ByteSigner.

The company reported consolidated net loss of Rs 7.27 crore in Q3 FY26 as against net profit of Rs 1.73 crore posted in Q3 FY25. Revenue from operation declined 7.5% YoY to Rs 44.14 crore in Q3 FY26

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.