Dev Labtech Venture reports revenue of ₹16718.13 lakh in FY26
Dev Labtech Venture Limited reported a consolidated revenue of ₹16718.13 lakh for the year ended March 31, 2026, with a net profit of ₹956.88 lakh. The Board approved the subdivision of shares and a 1:1 bonus issue, allotting 2,37,26,278 bonus shares. Statutory auditors provided an unmodified opinion on the financial results.
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Dev Labtech Venture Limited reported a consolidated revenue of ₹16718.13 lakh for the year ended March 31, 2026, a significant increase from ₹5241.39 lakh in the previous year. The company's net profit for the period stood at ₹956.88 lakh, compared to ₹129.38 lakh in FY25. The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 29, 2026.
Financial Performance
The company's standalone revenue for FY26 was ₹5929.78 lakh, with a net profit of ₹0.61 lakh. Total income for the consolidated entity rose to ₹16721.29 lakh, driven primarily by revenue from operations. The basic earnings per share (EPS) on a consolidated basis was ₹8.10 for the year ended March 31, 2026, compared to ₹1.31 in the previous year.
Consolidated Financial Results
| Particulars | Year Ended 31-03-2026 (₹ In Lakh) | Year Ended 31-03-2025 (₹ In Lakh) |
|---|---|---|
| Revenue From Operations | 16718.13 | 5241.39 |
| Total Income | 16721.29 | 5241.91 |
| Total Expenses | 15722.15 | 5057.35 |
| Profit Before Tax | 999.14 | 184.55 |
| Profit for the Period | 956.88 | 129.38 |
Corporate Actions
During the year, the Board approved several key measures, including the subdivision of equity shares from a face value of ₹10 each to ₹5 each and a bonus issue in the ratio of 1:1. Consequently, the company allotted 2,37,26,278 bonus equity shares on May 18, 2026. The authorized share capital was increased from ₹15.00 Cr to ₹25.00 Cr.
Auditor's Report
Statutory auditors H A R & Co. issued an unmodified opinion on the audited standalone and consolidated financial results. The auditors drew attention to an emphasis of matter regarding Professional Tax deducted from employees during the financial year but remaining unpaid as of the balance sheet date. This liability has been carried forward under "Other Current Liabilities" and will be remitted in the subsequent financial year.
Historical Stock Returns for Dev Labtech Venture
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.98% | -5.59% | +5.82% | +43.41% | +86.87% | +124.54% |
What strategic initiatives drove the 219% revenue surge, and is this growth rate sustainable for FY27?
How will the recent 1:1 bonus issue and share subdivision impact liquidity and retail investor interest?
What is the company's plan to address the professional tax liability highlighted in the auditor's report?
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