Dev IT approves Q4 results and a dividend; the deal was already priced in
The board signed off on FY2026 results and a ₹0.10/share dividend, and formally approved a stake sale the market already knew about.
— 1 earlier story on Dev Information Technology Ltd. →Mkt cap₹158 cr
P/E2.33×
ROE21.67%
Debt / eq.0.27
Div yld0.36%
₹0.10 per share Final dividend recommended for FY2026.
What's new
- Board approved audited standalone and consolidated financial results for Q4 and FY2026.
- Recommended a final dividend of ₹0.10 per share.
- Formally approved the previously announced ₹4.60 cr sale of a 25% stake in Dhyey Consulting Services.
Why this matters
This is a procedural filing. It confirms the results and a deal the market already knew about. The only fresh detail for shareholders is the dividend itself.
What we're watching
- Whether the Dhyey Consulting sale completes as planned.
- The actual Q4 and full-year numbers, which the filing approves but does not detail.
- Any follow-on strategy for the ₹4.60 cr proceeds.
The full read
Dev Information Technology's board approved the company's audited results for Q4 and FY2026. It recommended a final dividend of ₹0.10 per share. It also formally signed off on the ₹4.60 crore sale of a 25% stake in Dhyey Consulting Services. That deal was already announced. This meeting was the paperwork. The filing adds no material new information to what the market already had.
Questions answered
- What did the board approve?
- It approved the audited financial results for Q4 and the full year ended March 31, 2026, along with a final dividend of ₹0.10 per share. It also formally approved the sale of a 25% stake in Dhyey Consulting Services.
- Is the Dhyey Consulting sale new news?
- No. The ₹4.60 crore divestment of a 25% stake was already disclosed in previous company filings. This board meeting simply provided the formal approval.
- What is the dividend amount?
- The recommended final dividend is ₹0.10 per equity share for FY2026.
Mentioned: Dhyey Consulting Services · ₹4.60 cr · ₹0.10/share dividend
Story so far
All notes on DEVIT →- 29 May 2026 · 1:51 PM IST Dev IT approves Q4 results and a dividend; the deal was already priced in
- 1d ago Dev Information Technology sells 25% of subsidiary for ₹4.60 crore