Dev Accelerator's Q2 FY 2025-26 Quarterly Results

Result Summary

• Dev Accelerator Ltd reported a 4.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 117.3%.
• Its expenses for the quarter were down by 5.6% QoQ and up 71.6% YoY.
• The net profit increased 1150.0% QoQ and decreased 129.3% YoY.
• The earnings per share (EPS) of Dev Accelerator Ltd stood at 0.26 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Dev Accelerator Ltd is a company that operates in the technology sector. While specific details about its products or services are not provided, companies in this industry typically engage in software development, IT services, or technological solutions. There is no information available regarding any recent major developments for Dev Accelerator Ltd. As such, this report focuses solely on the financial performance as delineated by the available data.

Revenue

For the second quarter of fiscal year 2026 (Q2FY26), Dev Accelerator Ltd reported a total income of ₹54.48 crores. This represents a decrease of 4.3% from the ₹56.94 crores reported in the previous quarter (Q1FY26). However, when comparing year-over-year, there is a significant increase of 117.3% from ₹25.07 crores reported in the second quarter of fiscal year 2025 (Q2FY25). The substantial year-over-year growth indicates a marked improvement in revenue generation over the past year.

Profitability

Dev Accelerator Ltd's profitability metrics for Q2FY26 show a profit before tax of ₹1.64 crores, which is a 74.5% increase from the previous quarter's ₹0.94 crores. This figure is a stark contrast to the loss before tax of ₹5.73 crores in Q2FY25, indicating a significant turnaround in profitability on a year-over-year basis, at -128.6%. The tax amount for Q2FY26 was a credit of ₹0.06 crores, compared to a tax expense of ₹0.81 crores in Q1FY26 and ₹0.31 crores in Q2FY25. The profit after tax for Q2FY26 was ₹1.75 crores, which has risen markedly from ₹0.14 crores in Q1FY26 and from a net loss of ₹5.97 crores in Q2FY25, marking a YoY improvement of -129.3%. The earnings per share (EPS) for Q2FY26 is ₹0.26, a significant improvement from ₹0.02 in Q1FY26 and a loss of ₹0.92 in Q2FY25, reflecting a strong rebound in shareholder earnings.

Operating Metrics

The total expenses for Dev Accelerator Ltd in Q2FY26 amounted to ₹52.85 crores, showing a decrease of 5.6% from the ₹56.00 crores recorded in Q1FY26. On a year-over-year basis, total expenses increased by 71.6% from ₹30.79 crores in Q2FY25. This indicates that while there has been a reduction in expenses quarter-over-quarter, the company has experienced a significant increase in operational costs compared to the same period last year. The company's ability to control costs in the latest quarter is noteworthy, considering the substantial rise in expenses over the year.