Dev Information Technology Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 317.35 million compared to INR 273.36 million a year ago. Revenue was INR 319.7 million compared to INR 333.64 million a year ago. Net income was INR 16.97 million compared to INR 28.5 million a year ago. Basic earnings per share from continuing operations was INR 0.77 compared to INR 1.29 a year ago. Diluted earnings per share from continuing operations was INR 0.77 compared to INR 1.29 a year ago.
For the nine months, sales was INR 1,201.39 million compared to INR 798.95 million a year ago. Revenue was INR 1,211.47 million compared to INR 866.65 million a year ago. Net income was INR 51.47 million compared to INR 56.52 million a year ago. Basic earnings per share from continuing operations was INR 2.33 compared to INR 2.56 a year ago. Diluted earnings per share from continuing operations was INR 2.32 compared to INR 2.56 a year ago.